Bangladesh gets $200 million from ADB for road improvementsStaff Writer | January 14, 2019
The Asian Development Bank (ADB) said it signed agreements with the government of Bangladesh for $200 million in loans to improve the rural road network in the country.
Asia Poor infrastructure is often cited as one of the major hindrances to growth
“The assistance supports the government’s priority of delivering urban services in rural areas by increasing connectivity, providing greater access to social services and markets, and promoting the agriculture sector, benefiting over 51.5 million people,” said the ADB’s Bangladesh country director Manmohan Parkash.
“It will also improve transport efficiency, generate 3.13 million person-days of employment, introduce high-level technology to enhance road master planning, and create road safety awareness among rural population.”
The assistance will support the government’s Rural Connectivity Improvement Project (RCIP) to upgrade about 1,700 km (1,056 miles) of rural roads to all-weather standards in 34 districts located in five divisions.
The project also prioritizes the repair of roads damaged by flash floods in 2017. ■