ADB and EIB are jointly providing Tk 2,880 crore to modernize the Narayanganj-Dhaka railway corridor.
1 report, 1 independent
Updated Sep 14
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What happened
ADB and EIB are jointly providing Tk 2,880 crore to modernize the Narayanganj-Dhaka railway corridor.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Bangladesh, the Asian Development Bank, and the Ministry of Labour are collaborating on economic initiatives, including financing integrated growth clusters and establishing transport corridors.Also in this story
- The Ministry of Labour and Employment is discussing tea production and worker welfare issues with stakeholders from the Bangladeshi tea industry.
- Development plans in North Bengal involve railway connectivity, agricultural funding, and aiming for a $1 trillion economy by 2034.
- Government initiatives are leveraging Chattogram's role as a central hub for the national economic corridor in Bangladesh.
The entities involved
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Asian Development Bank
regional development bank
- The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.
- The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.
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European Investment Bank
body of the European Union providing funding for projects fostering EU aims, both within and outside the EU
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Bangladesh Railway
state-owned railway agency of Bangladesh
Nothing else this week.