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$2.5b ODA deal to be signed during PM’s Japan visit

Published : Tuesday, 21 May, 2019 at 12:00 AM  Count : 1004
Diplomatic Correspondent

Japan is willing to continue its support to Bangladesh in implementing its development projects to achieve economic prosperity.
Japanese Ambassador to Bangladesh Hiroyasu Izumi came up with the assurance when he met Prime Minister Sheikh Hasina on Monday at her official residence Ganobhaban.
"A US$2.5b 41st ODA deal will be signed during Sheikh Hasna's visit to Japan," Japanese Ambassador Hiroyasu Izumi said following the meeting with the Prime Minister.
The envoy told the Prime Minister that Tokyo's financial assistance was expected to increase as the two countries were set to ink the 41th Official Development Assistance (ODA) agreement coinciding with her visit.
According to the press secretary Izumi said the sum of assistance was likely to be $ 2.5 billion under the proposed agreement, an amount which would be 35 per cent higher from that of the last year.
Following the meeting Prime Minister's Press Secretary Ihsanul Karim briefed journalists.
He said the Japanese envoy informed Prime Minister Sheikh Hasina that during her upcoming visit to Japan, the $2.5 billion 41th Official Development Assistance (ODA) agreement will be signed, which will be 35 per cent higher than the last year.
Principal Secretary M Nojibur Rahman, Principal Coordinator on SDG Affairs of Prime Minister's office Md Abul Kalam Azad and PMO Secretary Sajjadul Hassan were present during the meeting.
He also said Japanese Prime Minister Shinzo Abe is eagerly waiting to receive his Bangladeshi counterpart in Japan during her coming visit.
Congratulating her on reelection in the last parliamentary elections, Hiroyasu Izumi said the next five years will be very much important for Bangladesh as the economy of the country will take off for further progress.
The Japanese Ambassador was apprised of the progress of the
coal-fired 1200 MW Matarbari Power Plant project in Maheshkhali upazila of Cox's Bazar district.
Mentioning that Japan is a great friend of Bangladesh, Prime Minister Sheikh Hasina said she is also eagerly waiting to meet Shinzo Abe.
She also recalled the contributions of Japan to the economic development of the country and the construction of the  Rupsha Bridge during Bangabandhu's government after Bangladesh's independence.

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