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Islamic Finance Briefing - Categorized | Banking, Finance, Property, Projects, Infrastructure more

US$140mln loan deal with IDB

Posted on 24 May 2011

After the World Bank and Japan, the government will enter another loan agreement of $140 million with the Islamic Development Bank (IDB) today to finance the Padma Multipurpose Bridge Project.
The agreement will be signed at the finance ministry around 9:30am in presence of Finance Minister AMA Muhith and visiting IDB President Dr Ahmad Mohamed Ali, who arrived here yesterday. The two sides will sign another $14.84m deal to implement a water supply and sanitation project in cyclone-prone coastal areas……………………………………….Full Article: Source

 
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