Asian Development Bank (ADB)

ADB to help improving urban water supply, sanitation

Asian Development Bank (ADB) and Bangladesh government signs an agreement of $11 million in loan to develop water supply and sanitation priority in urban area of the country.
25 November 2019, 13:04 PM

ADB lends $300m for power transmission expansion in Bangladesh

The Asian Development Bank (ADB) has approved a 271.84 million euros ($300 million equivalent) loan for a project to expand transmission lines in greater Dhaka and the western zone of Bangladesh.
9 November 2019, 11:43 AM

ADB to fund expansion of 4 highways into four lanes

Asian Development Bank will fund the expansion of the country’s four highways into four lanes. The highways are Dhaka-Sylhet, Rangpur-Banglabandha, Rangpur-Bhurimari and Barishal-Faridpur.
4 September 2019, 09:46 AM

214km Dhaka-Sylhet Highway: ADB to fund its expansion into four lanes

The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.
24 July 2019, 18:00 PM

ADB will shift focus with changing Asia-Pacific

Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.
3 May 2019, 08:11 AM

ADB sounds caution over taking BRI loans

In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.
2 May 2019, 18:00 PM

ADB launches action plan for healthy oceans

The Asian Development Bank (ADB) launches the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.
2 May 2019, 10:38 AM

Implementation capacity the main hindrance to growth ambitions

Bangladesh’s capacity to implement large volumes of infrastructure projects will be the main stumbling block to realising the country’s growth ambitions, says a top official of the Asian Development Bank.
1 May 2019, 12:09 PM

Lightning arresters can be adopted all over Bangladesh to save lives: ADB

Lightning arresters, a low-cost technology, can be adopted all over the country to save lives and stop undue human damages from lightning strikes, says the Asian Development Bank (ADB).
27 April 2019, 10:34 AM

'Bangladesh will achieve 8% growth in FY19'

Bangladesh’s economy will grow at 8 per cent in the fiscal 2019, Asian Development Bank has said in its bright outlook for the economy.
3 April 2019, 05:33 AM

ADB provides $50m to promote microenterprise development in Bangladesh

The Asian Development Bank (ADB) and the Government of Bangladesh sign agreement for $50 million in loan to promote microenterprise development for inclusive economic growth and poverty reduction.
6 February 2019, 09:15 AM

ADB provides $200m to upgrade rural road network in Bangladesh

The Asian Development Bank (ADB) and the government of Bangladesh sign agreements for $200 million in loans to improve the rural road network in Bangladesh.
13 January 2019, 09:53 AM

50MW Kaptai Lake solar project awaits ADB fund approval

The Power Division is now waiting for a positive note from the Asian Development Bank (ADB) about its financing to implement a 50MW floating solar project in the Kaptai Lake, official sources say.
11 January 2019, 04:33 AM

$200m ADB loan to improve rural roads

Asian Development Bank (ADB) has approved a loan of over $200 million to improve rural road networks that may benefit 51.5 million
7 November 2018, 18:00 PM

ADB approves $500m loan for primary education in Bangladesh

The Board of Directors of the Asian Development Bank (ADB) approves a $500 million loan to support Bangladesh’s Fourth Primary Education Development Programme that aims to provide quality education to all children from pre-primary to grade 5.
27 September 2018, 15:08 PM

ADB to give $110m more for health sector

Asian Development Bank (ADB) has approved additional loan financing of $110 million for a project on urban healthcare services in Bangladesh.
19 September 2018, 06:43 AM

ADB considering grant support to help tackle Rohingya crisis

Asian Development Bank (ADB) is considering grant support to Bangladesh to help tackle Rohingya crisis.
15 May 2018, 13:54 PM

ADB, UK establish fund to improve trade in Asia-Pacific

The Asian Development Bank (ADB) and the Government of the United Kingdom launch the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited.
2 May 2018, 11:40 AM

ADB projects 7pc GDP growth for FY18

The Asian Development Bank projects 7 percent economic growth for Bangladesh for the current fiscal year, much below than the government’s provisional estimate of 7.65 percent.
11 April 2018, 09:55 AM

President Takehiko Nakao says it’s a 60% increase to now what is $8 billion

Asian Development Bank (ADB) President Takehiko Nakao says ADB’s Country Partnership Strategy for Bangladesh proposes total assistance of $8 billion, including for nonsovereign operations, for 2016–2020.
28 February 2018, 10:05 AM