The Asian Development Bank (ADB) is lending US $ 20 million for the development of the railways. E-Bangla Nagar in the capital on Wednesday signed an agreement with
NEC conference Bangladesh signed the agreement on behalf of the Economic Relations Division (ERD) secretary Saifuddin Ahmed and ADB's Bangladesh Resident Mission Chief in charge. Said at the signing ceremony, the Ministry of Railways Ministry and Bangladesh Railway pushing the project implementing agencies. The total estimated project cost of $ 294 million. Ordinary Capital Resources ADB 20 million in the USA (OCR) will provide a loan. The remaining cost will be funded by the Government of Bangladesh to be. To this end, Bangladesh Railway meter gauge and broad gauge passenger carriages for the collection and Bangladesh Railway locomotives, cranes and locomotives simulators relief at the development of project proposals (DPP) The Executive Committee of National Economic Council (ECNEC) has already approved.
