Bangladesh has entered into loan agreements totaling $275 million with the Asian Development Bank (ADB) to facilitate projects in the housing and power sectors. In addition to the loans, the ADB has provided a grant of $2.72 million specifically aimed at improving electricity distribution infrastructure within the Chattogram Hill Tracts.
Economy
Bangladesh secures $275m ADB loan for housing and power projects
The Asian Development Bank (ADB) has signed loan agreements worth $275 million with Bangladesh to support housing and power sector initiatives.
Source: The Business Standard