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IDB reviewing govt measures on Padma Bridge to revive fund

Posted on 19 April 2013

The Islamic Development Bank (IDB) is reviewing the government’s recent measures on the Padma Bridge Project to take a decision on revival of its committed funding support for it. As part of the original deal, it was supposed to construct the approach road on the bridge’s Jajira side.
The government made earlier a request to the IDB to revive its funding support for the Padma Bridge project. The ministry of finance (MoF) sources said that the lending agency that was a co-financier for the Padma Bridge project as a member of the previously formed, but now non-functional, World Bank-led consortium, has expressed interest to meet the request of Bangladesh to revive its funding support for it………………………………………..Full Article: Source

 
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