ADB provides 688 mln USD to help Bangladesh upgrade railway
Summary
The Asian Development Bank has provided $688 million to Bangladesh to upgrade a 35-kilometer railway line in the southeastern region, enhancing connectivity and economic growth.
Key Points
- The Asian Development Bank and Bangladesh signed loan agreements totaling $688 million for railway upgrades.
- The project focuses on upgrading a 35-kilometer railway line in southeastern Bangladesh.
- The railway upgrade will improve connectivity along the Dhaka-Chattogram-Cox’s Bazar corridor.
- Enhanced rail infrastructure aims to boost transport efficiency and economic growth in the region.
