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Bangladesh Seeks $6.4 Billion Funding for Infrastructure Projects

The Bangladeshi Government has reportedly asked the Chinese government for funds for nine infrastructure projects worth $ 6.4 billion, Dhaka’s Financial Express (FE) reported on July 1.

The government sought $1.6 billion for the construction of the first phase of the Payra sea port and $1.2 billion for the construction of the country’s longest bridge to link Barisal with the island district of Bhola, according to the letter, a copy of which has been obtained by the FE. The authorities also sought $853 million for the Teesta River comprehensive management and restoration project and $805.35 million for the project on the “Expansion of Strengthening of Power System Network under DPDC area (PGCB part).”

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