ADB to Provide $1.4 Billion for Four Bangladesh Projects

The Asian Development Bank (ADB) will provide Bangladesh with $1.4 billion in financing support for four major development projects aimed at strengthening economic management, social protection, and infrastructure across the country.

The financing agreement was signed between the Economic Relations Division (ERD) under the Ministry of Finance and the ADB during a bilateral ceremony held at a hotel in the capital.

Finance Minister Amir Khosru Mahmud Chowdhury said ADB’s timely financial support would play an important role in implementing Bangladesh’s development agenda amid global economic challenges arising from recent geopolitical tensions.

He praised the multilateral lender’s continued assistance, noting that such cooperation helps maintain macroeconomic stability while supporting long-term growth.

Under the agreement, the $1.4 billion package will be allocated to four projects: the Strengthening Economic Management and Governance Program (Subprogram 2), the Second Strengthening Social Resilience Program (Subprogram 2), the South Asia Subregional Economic Cooperation (SASEC) Dhaka–Sylhet Corridor Road Project, and the Narayanganj Green and Resilient Urban Development Project.

The finance minister also welcomed the ADB president and a high-level delegation, noting that discussions are expected to continue on a proposed nationwide integrated development initiative during their upcoming meeting with the head of government.

He said the proposed long-term initiative aligns with national development priorities and is expected to improve infrastructure and living standards across the country.

Officials said the partnership between Bangladesh and the ADB continues to play a key role in supporting sustainable economic and social development, with expectations of deeper cooperation in the coming years.