Dhaka, Tokyo to ink deals on 6 major projects

Bangladesh and Japan will sign deals on six projects under 37th Official Development Assistance (ODA) loan package in the capital on June 29, reports BSS. The projects are: Jamuna Railway Bridge Construction Project, Cross-Border Road Network Improvement Project (Bangladesh), Dhaka Mass Rapid Transit Development Project (II), Matarbari Ultra Super Critical Coal-Fired Power Project II, Energy Efficiency and Conservation Promotion Financing Project and Disaster Risk Management Enhancement Project.
Additional Secretary of Economic Relations Division (ERD) Kazi Shafiqul Azam and Japanese Envoy to Bangladesh Masato Watanabe will sign the exchange of notes on behalf of respective sides while ERD Additional Secretary Kazi Shafiqul Azam and Japan International Cooperation Agency (JICA) Chief Representative Mikio Hataeda will initial the loan agreement at 2pm in NEC conference room in the city. State Minister for Finance and Planning MA Mannan will be present at the signing ceremony as the chief guest.
Bangladesh Railway will build a 4.8-km rail bridge over the Jamuna River in parallel with Bangabandhu Bridge. The objective of the Project is to improve capacity and safety of railway transportation by constructing a dedicated railway bridge in 300m upstream of the existing Jamuna Multipurpose Bridge (Bangabandhu Bridge).
The Executive Committee of the National Economic Council (Ecnec) approved the Cross-Border Road Network Improvement Project (Bangladesh) project on April 26, 2016 to improve cross border road network aiming at boosting across regional and sub-regional blocks.
The objective of the project is to improve national and regional transportation and logistics network, by rehabilitating and developing major international roads in Bangladesh, thereby contributing to economic growth of Bangladesh and South Asia.
Prime Minister Sheikh Hasina officially inaugurated the construction work of Mass Rapid Transit (MRT) Development project yesterday at Dhaka’s Bangabandhu International Conference Centre. The MRT project will be constructed under the supervision of Dhaka Mass Rapid Transit Development Company. The project is being executed at a cost of about Taka 22,000 crore. Of the amount, the JICA is providing about Taka 16,500 crore, while the remaining amount would come from the Government of Bangladesh (GoB).
The objective of the Matarbari Ultra Super Critical Coal-Fired Power Project is to achieve the stable electricity supply in Bangladesh by constructing a coal fired power plant and related facilities in Chittagong region, thereby contributing to sustainable economic growth of Bangladesh.
The objective of the Energy Efficiency and Conservation Promotion Financing Project is to promote efficient use of energy in Bangladesh by introducing and disseminating energy efficient equipment through concessional loan, technical support, incorporating latest technical trends of energy efficiency, creating awareness thereby contributing to balance energy demand-supply and mitigate climate change.

 

Dhaka, Tokyo to ink deals on 6 major projects

Bangladesh and Japan will sign deals on six projects under 37th Official Development Assistance (ODA) loan package in the capital on June 29, reports BSS. The projects are: Jamuna Railway Bridge Construction Project, Cross-Border Road Network Improvement Project (Bangladesh), Dhaka Mass Rapid Transit Development Project (II), Matarbari Ultra Super Critical Coal-Fired Power Project II, Energy Efficiency and Conservation Promotion Financing Project and Disaster Risk Management Enhancement Project. Additional Secretary of Economic Relations Division (ERD) Kazi Shafiqul Azam and Japanese Envoy to Bangladesh Masato Watanabe will sign the exchange of notes on behalf of respective sides while ERD Additional Secretary Kazi Shafiqul Azam and Japan International Cooperation Agency (JICA) Chief Representative Mikio Hataeda will initial the loan agreement at 2pm in NEC conference room in the city. State Minister for Finance and Planning MA Mannan will be present at the signing ceremony as the chief guest. Bangladesh Railway will build a 4.8-km rail bridge over the Jamuna River in parallel with Bangabandhu Bridge. The objective of the Project is to improve capacity and safety of railway transportation by constructing a dedicated railway bridge in 300m upstream of the existing Jamuna Multipurpose Bridge (Bangabandhu Bridge). The Executive Committee of the National Economic Council (Ecnec) approved the Cross-Border Road Network Improvement Project (Bangladesh) project on April 26, 2016 to improve cross border road network aiming at boosting across regional and sub-regional blocks. The objective of the project is to improve national and regional transportation and logistics network, by rehabilitating and developing major international roads in Bangladesh, thereby contributing to economic growth of Bangladesh and South Asia. Prime Minister Sheikh Hasina officially inaugurated the construction work of Mass Rapid Transit (MRT) Development project yesterday at Dhakas Bangabandhu International Conference Centre. The MRT project will be constructed under the supervision of Dhaka Mass Rapid Transit Development Company. The project is being executed at a cost of about Taka 22,000 crore. Of the amount, the JICA is providing about Taka 16,500 crore, while the remaining amount would come from the Government of Bangladesh (GoB). The objective of the Matarbari Ultra Super Critical Coal-Fired Power Project is to achieve the stable electricity supply in Bangladesh by constructing a coal fired power plant and related facilities in Chittagong region, thereby contributing to sustainable economic growth of Bangladesh. The objective of the Energy Efficiency and Conservation Promotion Financing Project is to promote efficient use of energy in Bangladesh by introducing and disseminating energy efficient equipment through concessional loan, technical support, incorporating latest technical trends of energy efficiency, creating awareness thereby contributing to balance energy demand-supply and mitigate climate change.