ADB

AI cameras to be installed on Dhaka-Chittagong highway

The Dhaka-Chittagong highway is set to be dotted with artificial intelligence (AI) based CCTV cameras covering a span of 250 kilometres. The cameras, financed by the Asian Development Bank (ADB) at BDT 152 crore 56 lakhs, are aimed at enhancing the capabilities of the highway police, according to sources associated with the project.

Solar irrigation promises to cut diesel use by 10 lakh tonnes a year

Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually

Asia to end 2023 on brighter note as China's economy recovers: ADB

Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China's economy.

Bangladesh to get $300 million from ADB for skills development

The Asian Development Bank (ADB) has agreed to provide a $300 million loan to strengthen skills of workforce in Bangladesh.

ADB mobilises $261m for expressway connecting Dhaka with other major cities

The Asian Development Bank (ADB) has mobilised $261 million of private sector capital for a four-lane, 13.5-kilometre expressway between Dhaka and other major cities in order to ease traffic congestion and provide better connectivity.

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.

$190m ADB loan for upgrading rural roads

This loan is for its ongoing “Rural Connectivity Improvement Project” in the country, the ADB said in a statement today.

ADB provides $400 million to build Ctg-Cox's Bazar railways

The assistance forms the third part of $1.5 billion ADB loans for the SASEC Chattogram-Cox’s Bazar Railway Project.

$1b in budget support arrives next week

About $1 billion in budget support is set to arrive in the next few days from three development partners to help the government meet its deficit financing for this fiscal year.

December 24, 2023
December 24, 2023

AI cameras to be installed on Dhaka-Chittagong highway

The Dhaka-Chittagong highway is set to be dotted with artificial intelligence (AI) based CCTV cameras covering a span of 250 kilometres. The cameras, financed by the Asian Development Bank (ADB) at BDT 152 crore 56 lakhs, are aimed at enhancing the capabilities of the highway police, according to sources associated with the project.

December 24, 2023
December 24, 2023

Solar irrigation promises to cut diesel use by 10 lakh tonnes a year

Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually

December 13, 2023
December 13, 2023

Asia to end 2023 on brighter note as China's economy recovers: ADB

Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China's economy.

August 28, 2023
August 28, 2023

Bangladesh to get $300 million from ADB for skills development

The Asian Development Bank (ADB) has agreed to provide a $300 million loan to strengthen skills of workforce in Bangladesh.

August 3, 2023
August 3, 2023

ADB mobilises $261m for expressway connecting Dhaka with other major cities

The Asian Development Bank (ADB) has mobilised $261 million of private sector capital for a four-lane, 13.5-kilometre expressway between Dhaka and other major cities in order to ease traffic congestion and provide better connectivity.

July 19, 2023
July 19, 2023

ADB raises growth forecast for Bangladesh’s economy to 6% for FY23

The latest forecast by the Manila-based multilateral lender is close to the estimate by the Bangladesh Bureau of Statistics (BBS) at 6.03 percent for the FY23.

July 11, 2023
July 11, 2023

$190m ADB loan for upgrading rural roads

This loan is for its ongoing “Rural Connectivity Improvement Project” in the country, the ADB said in a statement today.

June 25, 2023
June 25, 2023

ADB provides $400 million to build Ctg-Cox's Bazar railways

The assistance forms the third part of $1.5 billion ADB loans for the SASEC Chattogram-Cox’s Bazar Railway Project.

June 14, 2023
June 14, 2023

$1b in budget support arrives next week

About $1 billion in budget support is set to arrive in the next few days from three development partners to help the government meet its deficit financing for this fiscal year.

June 13, 2023
June 13, 2023

ADB approves $400 million loan to Bangladesh

The funding will also help advance reforms in domestic resource mobilisation, improve efficiency and productivity of public spending, and small businesses, especially women-led businesses to access low-cost innovative bank financing.

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