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AIIB considers four more infrastructure dev projects in Bangladesh

Published : Saturday, 14 September, 2019 at 12:00 AM  Count : 130

The Asian Infrastructure Investment Bank (AIIB) is considering financing four more projects for contributing further to the country's infrastructure development, a top official said.
The projects are 'Dhaka and Western Zone Transmission Grid Expansion Project', 'Dhaka Sanitation Improvement Project', 'Mymensingh Kewatkhali Bridge Project' and 'Sylhet to Tamabil Road Upgradation Project'.
However, the multi-donor bank has already approved five projects for Bangladesh amounting to US$505 million for developing infrastructures.
The projects are 'Distribution System Upgrade and Expansion' with a cost of $16.50 crore, 'Natural Gas Infrastructure and Efficiency Improvement' with a cost of $6 crore, 'Power System Upgrade and Expansion Project' with a cost of $12 crore, 'Bangladesh Municipal Water Supply and Sanitation Project' with a cost of $10 crore and Bangladesh Bhola IPP with a cost of $6 crore.     -BSS

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