Dhaka Tokyo ink loan and grant deeds

Bangladesh and Japan have signed a loan and grant agreement worth $1.23 billion for projects including the northern route of Mass Rapid Transit Line 5. 

Japanese Ambassador to Bangladesh Ito Naoki and Economic Relations Division Secretary Fatima Yasmin signed the Exchange of Notes of the 43rd Official Development Assistance (ODA) Yen Loan and Grant Aid of Japan to Bangladesh. 

The first batch of the 43rd round of yen loans includes two projects in the package. 

One is to develop roads, drainage and water supply facilities, agriculture-related facilities, and waste management facilities in the southern Chattogram area, according to a statement of the Japan embassy in Dhaka yesterday.