25.05.2011 - Bangladesh Govt, IDB sign $140mln loan deal on Padma Bridge
The government Tuesday signed a US$140 million loan agreement with the Islamic Development Bank (IDB) to finance the Padma Multipurpose Bridge Project. Finance Minister A M A Muhith and visiting IDB President Dr Ahmad Mohamed Ali signed the deal at the Ministry of Finance (MoF). The length of the proposed Padma Bridge is 6.15 kilometres, and its total estimated cost is US$ 2.9 billion. After construction, the bridge would connect the country's 19 south-western districts with the capital..............................................Full Article: Source
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