The Govt of Bangladesh and the Asian Pattern Bank (ADB) signed a $100 million loan agreement this day (12 December) to red meat up the “Bangladesh Infrastructure Finance Fund Restricted Project-Extra Financing.”
The signing ceremony took space in Dhaka, marking a significant step in advancing infrastructure development thru public-non-public partnerships (PPP).
Md Shahriar Kader Siddiky, secretary of the financial family division (ERD) under the ministry of finance on behalf of the Govt of Bangladesh and representing the ADB, Hoe Yun Jeong, country director of its Bangladesh resident mission signed the agreement
The mission, place apart of living to be conducted from 2024 to 2029, shall be achieved by the finance division, with Bangladesh Infrastructure Finance Fund Restricted (BIFFL) performing as the enforcing agency.
Additionally, a mission agreement was as soon as signed between BIFFL and ADB. SM Anisuzzaman, chief executive officer of BIFFL, and Hoe Yun Jeong represented their respective organisations all the absolute most sensible device thru the signing.