Japan’s 39th ODA Loan Sign with Bangladesh

The representatives of the governments of Japan and Bangladesh signed Exchange of Notes on the 39th Official Development Assistance (ODA) Loan Package of Japan to Bangladesh today .

H.E. Mr. Hiroyasu Izumi, Ambassador of Japan to Bangladesh and Mr. Kazi Shofiqul Azam, Secretary, Economic Relations Division, Ministry of Finance represented the respective governments.

This loan package comprises assistance in 6 major projects amounting to JPY 200.371 billion (approximately BDT 148,000 crore or USD 1.8 billion), the largest ever loan package since its inception in 1974. Based on this agreement between the two counties, Mr. Takatoshi Nishikata, Chief Representative of JICA Bangladesh Office and Mr. Kazi Shofiqul Azam signed a relevant loan agreement. Japan has been the single largest bilateral donor for Bangladesh since 2012.

the  projects are (1) Matarbari Port Development Project (E/S) (loan amount: 2.655billion yen)

(2) Jamuna Railway Bridge Construction Project (I) (loan amount: 37.217 billion yen)

(3) Dhaka Mass Rapid Transit Development Project (Line 5) (E/S) (loan amount: 7.358 billion yen)(4) Dhaka Mass Rapid Transit Development Project (Line 6) (III) (loan amount: 79.271 billion yen)(5) Matarbari Ultra Super Critical Coal-Fired Power Project (IV) (loan amount: 67.311 billion yen)(6) Health Services Strengthening Project (loan amount: 6.559 billion yen).

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