The City Region Development Project II under the local government investment projects to undertake preparatory activities for the Asian Development Bank (ADB) will provide a loan of $50 million.
In this regard, the ADB will be an agreement soon with the Economic Relations Division (ERD) sources.According to sources, the proposed investment project on the City Region Development Project II, in contrast to the Asian Development Bank will provide a loan of USD 20 million.ADB's Ordinary Capital Resources in (OCR) OCR 15 million dollars and five million dollars from the loan. Through the implementation of the proposed investment project to build a bridge on the Dhaka-Khulna, south western economic corridor across the region areas adjacent to the city of climate change, sustainable economic growth will be possible to increase shock tolerance.
According to sources, the proposed investment projects financed by loans PDA to identify and define their priorities should be. The feasibility study performed investment projects, detailed engineering design, preparation of cost, documents relating to the purchase of services and detailed design based on the analysis of social and environmental protection to be executed.
