Bangladesh, Japan sign $ 2.5 billion deal for 5 projects
Bangladesh has signed an agreement with Japan on getting US$ 2.5 billion official development assistance (ODA) to implement five projects in the country.
The deal has been signed in presence of Japanese Prime Minister Shinzo Abe and Bangladesh Prime Minister Sheikh Hasina, at his office in Tokyo on Wednesday (May 29).
Five projects will be implemented with this fund. The projects are - Matarbari Port Development Project (1), Dhaka Mass Rapid Transit Development Project (Line 1), Foreign Direct Investment Promotion Project (II), Energy Efficiency and Conservation Promotion Financing Project (Phase 2) and Matarbari Ultra Super Critical Coal-Fired Power Project (V).
Prior to that, the two premiers had a bilateral meeting, where Bangladesh sought help from Japan in solving the Rohingya crisis.
Earlier, Shinzo Abe welcomed Prime Minister Sheikh Hasina on arrival of her the Japan Prime Minister's Office. At this time, Sheikh Hasina was given a reception and a guard of honor.
It is the 40th ODA agreement between two nations.
