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Islamic Development Bank to finance Bangladesh power projects

Posted on 17 July 2012

The Islamic Development Bank will give Bangladesh 380m dollars in loan for two power projects. The IDB and Bangladesh government signed two agreements to that effect at the IDB Headquarters in Jeddah, Saudi Arabia, on Saturday [14 July].
According to the agreements, the IDB will give 200m dollars for the “Ashuganj Power Station Efficiency Improvement Project” and 180m dollars for the “Construction of Bhola 225MW Combined Cycle Power Plant Project”……………………………………….Full Article: Source

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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