Infrastructure

ADB approves largest ever railway financing package

By 2016-09-28T13:21:00

The Asian Development Bank has approved its largest ever railway investment and its biggest investment in Bangladesh (Photo: ADB).

BANGLADESH: The Asian Development Bank approved its largest ever railway investment and its biggest investment in Bangladesh on September 28, a US$1·5bn loan package to finance the construction of a 102 km line which will link the tourist town of Cox’s Bazar with the existing network at Dohazari.

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