Skip to main content
NTv Online

Business

Business
  • Budget
  • Economy
  • Industry
  • Markets
  • More
  • Service
  • Tech
  • Bangla Version
  • Archive
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangla Version
  • Archive
Follow
  • Business
NTV Online
10 April, 2016, 18:39
Update: 10 April, 2016, 18:39
More News
Tax return course software to hit market soon
Paying Jalalabad gas bills become easier through bKash
Chartered Institute of Management Accountants celebrates centenary year
Rubana Huq elected first female BGMEA president
PM opens digital financial service ‘Nagad’

ADB to provide $50m for railway development

NTV Online
10 April, 2016, 18:39
Update: 10 April, 2016, 18:39

Dhaka: The government signed a $50 million loan agreement with the Asian Development Bank (ADB) on Sunday for improving the safety of the railway sector and its development, reports UNB.

Senior Secretary of Economic Relations Division (ERD) Mohammad Mejbahuddin and Kazuhiko Higuchi, Country Director, Bangladesh Resident Mission of ADB, signed the deal on behalf of Bangladesh and ADB respectively at a ceremony at ERD at Sher-e-Bangla Nagar in Dhaka.

The assistance is the fourth tranche of the $430 million multi-tranche of financing facility agreed between Bangladesh and ADB in 2006 to improve the railway system across the country through the Railway Sector Investment Programme.

Under the programme, the ADB has already provided $130 million, $150 million and $100 million as first, second and third tranches respectively for double-tracking the Tongi-Bhairab Bazar Railway section, purchasing of 150 new passenger carriages, implementing reforms, rehabilitating yards, extending loops, and upgrading signaling.

The fourth tranche of $50 million will help complete the double-tracking of the 64-km Tongi-Bhairab Bazar railway section, rehabilitate yards and extend loops at 11 stations in the Darsana-Ishurdi-Sirajganj Bazar section, and improve signaling in the 78 km Darsana-Ishurdi section.

​The Railway Sector Investment Programme will support Bangladesh Railway for faster and more frequent services between Dhaka and Chittagong.

Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal
Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal

Follow Us

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Browse by Category

  • About NTV
  • NTV Programmes
  • Advertisement
  • Web Mail
  • NTV FTV
  • Satellite Downlink
  • Europe Subscription
  • USA Subscription
  • Privacy Policy
  • Terms & Conditions
  • Contact

Our Newsletter

To stay on top of the ever-changing world of business, subscribe now to our newsletters.

* We hate spam as much as you do

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Reproduction of any content, news or article published on this website is strictly prohibited. All rights reserved