In the 2nd ECNEC meeting of the fiscal year (FY20) approved eight projects involving USD 612 Million or BDT 5142 Corror. Of the total project cost, BDT 4,129.81 crore will come from the Government Fund while Taka 1,012.55 crore from project assistance.
2nd ECNEC meeting of the 2019-2020
Eight project – $612 Million
|2nd ECNEC meeting of the fiscal year (FY20)||Project Cost in Corror Taka||Type of project|
|Bangabandhu Hi-Tech City-2 Project with Taka 344.93 crore||344.93||Economic Zone|
|Overhauling and widening of main road from Holiday Circle-Bazarghata-Larpara (bus Stand) under Cox’s Bazar town||258.82||Road and Transport|
|Establishment of telecommunication network at Mirsarai Economic Zone in Chattagram||61.90||Economic Zone|
|Irrigation development at Pabna-Natore-Sirajganj upazilas through using surface water||560.53||Agriculture|
|Chittagong Hill Tracts rural development project 2nd phase||224.50||Rural Development|
|Veterinary Public Health Service strengthening project for protecting public health||73.26 crore||Education|
|Export competitiveness for jobs project, 1st Revised||1,012.12||Industry|
|Devlopment of roads in Dhaka Division||2,606||Road and Transport|
RMG sector constitutes 82 percent of exports of Bangladesh. To diviersify, the export market World Bank Backed project Export Competitiveness for Jobs received 120 Million USD. The project aims to improve the competitiveness of existing and potential export-oriented industries such as leather, footwear, plastics, and light engineering what aims to create 90,000 jobs in non- Ready Made Garment (RMG) export sectors. World Bank providing $100 million financings which provides grants or zero-interest loans, has a 38-year term, including a six-year grace period, and a service charge of 0.75 percent .
Learn Something New Everyday
Development of roads in Dhaka Division
The project includes some 1001.51 kilometers road and 240 intersections development and construction of 5,857 meters of bridges and culverts as well as 30 kilometers drain and some 12,000 square meters of slope protection. The project will be implemented at 67 Upazilas in 13 districts of Dhaka Division