ADB provides 1.78 billion dollar loans to Bangladesh

Sunbd Desk || Published: 2021-08-28 10:29:10 || Updated: 2021-08-28 10:29:10

Asian Development Bank (ADB) has approved 1.8 billion dollars Multitrans Financing Facility (MFF) for the construction of the Dhaka-Sylhet Commercial Corridor.

The organaisation is providing the loan to Bangladesh for speeding up the construction of the corridor, road-highway safety and improving regional trade.

On Friday (August 27th) The loan proposal was approved at a board meeting at ADB headquarters in the Philippine capital Manila. This information was given in a press release of ADB.

Sunbd/NJ

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