ADB Supports Sustainable Urban Transport in Bangladesh

By Global Infrastructure Sherpa · May 29, 2024

Financing Urban Transport announced Bangladesh May 29, 2024

USD300M

Deal Value

ADB approved a $300 million loan to improve urban transport in Bangladesh, focusing on Dhaka and surrounding areas. The project aims to enhance road safety, reduce traffic congestion, and promote environmentally friendly transport options.

Timeline

Announced

May 29, 2024

Signed

Closed

Counterparts (2)

Lender

Asian Development Bank

company · 3 deals

The Asian Development Bank (ADB) is a regional development bank committed to reducing poverty in Asi...

borrower

Government of Bangladesh

company

The Government of Bangladesh is focused on developing the country's infrastructure to support econom...

Source

highways.today

1 of 1 Urban Transport deals tracked this month · Updated daily

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ADB Supports Sustainable Urban Transport in Bangladesh

Timeline

Counterparts (2)

Source

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