The Asian Development Bank (ADB) has engaged with the interim government to support Bangladesh’s development strides. “ADB is fully committed to our long-standing partnership with Bangladesh, supporting its sustainable development in alignment with the aspirations of its people. Our collaboration with the interim government will work to ensure the continuation of
Tag: The Asian Development Bank
ADB operations reach $23.6b in 2023
The Asian Development Bank (ADB) committed US$23.6 billion from its own resources in 2023, including US$9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development. These figures are among the financial and operational results published on Sunday in the ADB's Annual Report 2023. The report summarizes
ADB approves $71m loan for Bangladesh’s water resources management
The Asian Development Bank (ADB) has approved $71 million loan to improve flood control, irrigation, and water resources management in rural communities of Gopalganj and Madaripur districts in Bangladesh to strengthen their preparedness and resilience to the effects of climate change. "The ADB additional support will further boost economic growth and
ADB, Envoy Textiles sign loan facility
The Asian Development Bank (ADB) entered into a €10.8 million ($11.2 million) facility agreement with Envoy Textiles Limited (Envoy) to support and finance the purchase and installation of energy-efficient spinning machinery and other equipment to expand sustainable textile production and create local jobs. The proceeds of the loan will be used
Govt mandates ADB to advise on $400m expressway
The Asian Development Bank's Office of Public-Private Partnership (OPPP) has been mandated to provide transaction advice on Joydebpur-Mymensingh Road PPP project to be built along one of the country's busiest economic corridors. The project, being implemented with an estimated budget of $400 million, is expected to usher the possibility of