Agreement between ADB and Bangladesh Government.

Agreement between ADB and Bangladesh Government.

Daily Current Affairs   /   Agreement between ADB and Bangladesh Government.

Change Language English Hindi

Category : International Published on: October 06 2021

Share on facebook

·         The Asian Development Bank (ADB) and the Government of Bangladesh inked a credit deal for USD 400 million for the development of the Dhaka-Sylhet highway in Bangladesh's northeast economic corridor to boost road safety, mobility, and regional trade.

·         The USD 400 million is the first installment of a USD 1.78 billion finance facility sanctioned by ADB for the Dhaka-Sylhet Road investment project of the South Asia Subregional Economic Cooperation (SASEC).

·         The project is a major component of the South Asia Subregional Economic Cooperation (SASEC) program's Road Corridor No. 5.

Important Facts

About ADB

v  Headquarters: Mandaluyong, Philippines

v  President: Masatsugu Asakawa

v  Founded: 19 December 1966

Recent Post's

  • The Telangana government launched the Indiramma Family Life Insurance Scheme providing ₹5 lakh coverage to 1.15 crore families starting June 2, 2026.

    Read More....

  • The Prakriti 2026 conference in New Delhi introduced the Indian Carbon Market Portal to streamline carbon trading and climate action.

    Read More....

  • The traditional Kelbai ‘Peth’ Festival is being celebrated in Mulgao, Goa, featuring a sacred ritual journey of the deity to Mayem village.

    Read More....

  • Scientists identified the desert moss Syntrichia caninervis as a potential pioneer for Mars colonization due to its extreme resilience.

    Read More....

  • World Water Day 2026 was observed on March 22 with the theme "Water and Gender" to promote equitable access and management.

    Read More....

  • A new wild kiwi species, Actinidia indica, was discovered by the Botanical Survey of India in the Ziro Valley of Arunachal Pradesh.

    Read More....

  • The Indian government launched the PRARAMBH 2026 campaign to educate citizens about the new Income Tax Act, 2025, effective from April 1.

    Read More....

  • Pakistan ranked first in the Global Terrorism Index 2026 due to rising violence, while India stood at the 13th position.

    Read More....

  • The Madras High Court issued directives for the systematic removal of the invasive plant species Prosopis juliflora to restore Tamil Nadu's ecology.

    Read More....

  • The National Productivity Council (NPC) has been designated as the Environment Audit Designated Agency to monitor industrial compliance.

    Read More....