Japan offers $3.3b for seven key projects

Japan International Cooperation Agency (Jica) will provide Bangladesh with $3.3 billion (¥338.25 billion or Tk 26,850 crore) in official development assistance to help implement seven important projects, including Jamuna railway bridge construction and expansion of Hazrat Shahjalal International Airport

Aug 13, 2020
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Japan International Cooperation Agency (Jica) will provide Bangladesh with $3.3 billion (¥338.25 billion or Tk 26,850 crore) in official development assistance to help implement seven important projects, including Jamuna railway bridge construction and expansion of Hazrat Shahjalal International Airport.

An agreement was signed between the Economic Relations Division and Jica at the National Economic Council conference room at Sher-e-Bangla Nagar in the city yesterday.

JAMUNA RAILWAY BRIDGE CONSTRUCTION PROJECT (II)
Bangladesh Railway will implement the project worth $833.7 million with a target to complete it by March 2024.

The objective of the project is to improve the capacity and safety of transportation by constructing a dedicated railway bridge over the river Jamuna in parallel with the existing Bangabandhu bridge (Jamuna multipurpose bridge).

The project will contribute to an efficient logistic and passenger network within the country and with neighbours, according to a statement from Jica.

The existing Bangabandhu multipurpose bridge, which Japan had co-financed with the World Bank and the Asian Development Bank in the late 1990s, has some restrictions regarding weight load, size and speed of train movements.

https://www.thedailystar.net/business/news/japan-offers-33b-seven-key-projects-1944233

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