world bank allows bangladesh 360 m for improving inland waterways
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

World Bank Allows Bangladesh $360 M For Improving Inland Waterways

Arab Today, arab today

Arab Today, arab today World Bank Allows Bangladesh $360 M For Improving Inland Waterways

The World Bank
Washington - QNA

The World Bank approved USD360 million to help Bangladesh improve the navigability and year-round safe transport for passengers and cargo along Bangladesh’s busiest waterways. 
The Bangladesh Regional Waterway Transport Project 1 will improve the navigability of 900 km of inland waterways along the Chittagong-Dhaka-Ashuganj Corridor and connecting routes, which will help reduce travel time and cost for cargo and passenger transport and boost national and regional trade
The project will build one new general cargo terminal at Pangaon and improve the existing cargo terminal at Ashuganj. It will also build new and rehabilitate existing passenger terminals at Sadarghat, Narayanganj, Chandpur, and Barisal. To help the poor population living in remote areas, the project will construct 14 landing Ghats/stations in Chars (shoals), where often waterways are the only mode of transportation. 
The terminals and landing stations will be built to improve the security, safety, and sanitation conditions, and incorporate the needs of female users, the elderly, and small traders, such as women-only toilets and waiting rooms. 
The project is part of a Regional Connectivity and Integration Program supported by the World Bank for the Bangladesh-Bhutan-India-Nepal (BBIN) countries. The project will also help build the capacity of the Bangladesh Inland Water Transport Authority to ensure modern and efficient management that matches international standards. It will also aim to achieve long-term operational and financial sustainability. 
"High transport costs, low efficiency and delays in the logistics chain increase trade costs and reduce the competitiveness of Bangladesh’s products", said Diep Nguyen-van Houtte, World Bank Team Leader for the project. "By improving riverine connectivity, the project will make movement easier for traders, producers, passengers and cargo on multimodal transport networks in the sub-region, and help the poorest who rely on inland waterways as a mode of transport." The credit from the World Bank’s International Development Association, which provides grants or zero to low interest loans, has a 38-year term, including a six-year grace period, and a service charge of 0.75%.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world bank allows bangladesh 360 m for improving inland waterways world bank allows bangladesh 360 m for improving inland waterways

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world bank allows bangladesh 360 m for improving inland waterways world bank allows bangladesh 360 m for improving inland waterways

 



GMT 05:03 2017 Saturday ,21 October

EMPC denies transfer to new administrative capital

GMT 10:50 2014 Friday ,07 November

UAE Fables and Folklore

GMT 12:10 2017 Tuesday ,07 March

Poachers kill rare giant elephant in Kenya

GMT 00:31 2016 Thursday ,08 December

Kuwaiti-European group considers investing $1bn

GMT 12:31 2017 Thursday ,06 April

At 73, Barry Manilow comes out of closet

GMT 18:34 2017 Friday ,10 February

Malabar Gold to open 11th Saudi showroom in Jubail

GMT 16:18 2017 Monday ,02 October

Saudi university to open driving school for women

GMT 16:20 2017 Wednesday ,18 October

French parliament adopts tough anti-terror bill

GMT 02:18 2017 Tuesday ,03 October

Egypt's Sisi says spoke to Donald Trump by telephone
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday