ADB awards best performing projects
Asian Development Bank (ADB) has awarded its five best performing project teams for 2009 in Bangladesh yesterday, it said in a statement yesterday.
ADB's Country Director Paul Heytens presented prizes to the winning project teams in recognition of efficient implementation, at a ceremony at the agency's Bangladesh Resident Mission.
The winning project teams are urban governance and infrastructure improvement project being executed by the Local Government Engineering Department (LGED), north-west crop diversification project by the Department of Agricultural Extension, teaching quality improvement in secondary education project by the Directorate of Secondary and Higher Education, emergency disaster damage rehabilitation (sector) project by the LGED, Roads and Highways Department, and Water Development Board.
The fifth winner is gas transmission and development project, jointly executed by Gas Transmission Company, Sylhet Gas Fields, Bangladesh Gas Fields Company, Pashchimanchal Gas Company, Petrobangla, Bangladesh Gas Exploration Company, Titas Gas Transmission and Distribution Company and Hydrocarbon Unit of the Energy and Mineral Resources Division.
“The awards were given recognising the project teams' excellence in efficiency, results orientation, transparency in procurement, effective project implementation, and efforts to empower women and other criteria,” said Heytens.
The best project recognition programme, initiated in 2001, is part of an effort by ADB to improve the development effectiveness of the projects that ADB finances in Bangladesh.
In 2009, ADB achieved contract awards of over $1.2 billion, and disbursed around $1.1 billion in development assistance to Bangladesh.