• Saturday, January 25, 2014

Jica happy as govt fast-tracks metro rail project

Star Business Report

Japan International Cooperation Agency (Jica) yesterday expressed thanks to the government for fast-tracking the metro rail project, where the Japanese development partner is a key financier.
The new chief representative at Jica's Dhaka office, Mikio Hataeda, and his immediate predecessor Takao Toda conveyed their stance at a meeting with Finance Minister AMA Muhith at his residence.
Jica is providing 75 percent of the funds for the Tk 21,985 crore project, which is one of the six schemes brought under the high-powered Fast Track Project Monitoring Committee led by Prime Minister Sheikh Hasina. The first meeting of the committee was held on Wednesday.

However, the Jica officials expressed concern over the delay in the implementation of the project. The technical committee to implement the project has only 18 experts, which the officials said are not enough for such a big project.
Muhith said the government has sought technical support from the Asian Development Bank for bid evaluation and asked whether Jica was interested in providing such support. However, the Jica officials did not respond to the finance minister's call, according to officials who were present at the meeting.

Published: 12:00 am Friday, January 24, 2014

Last modified: 7:39 pm Friday, January 24, 2014

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