ADB vice-president in city to sign Padma Bridge loan deal

Posted by BankInfo on Mon, Jun 06 2011 06:44 am

Xiaoyu Zhao, Vice-President (Operations 1) of the Asian Development Bank (ADB) arrived in Dhaka on Sunday for a one-day official visit. The Vice-President is accompanied by S. Hafeez Rahman, Director General of ADB’s South Asia Department. The vice-president will attend a signing ceremony for the ADB loan agreement today (Monday) with the government for the Padma Multipurpose Bridge project.  During the visit, Mr. Zhao will also hold discussions with senior government officials, including the Minister of Finance, and the Adviser to the Prime Minister for Economic Affairs. The discussions will focus on policy and implementation issues related to ADB operations in Bangladesh, including assistance for regional cooperation, climate change, energy, transport, governance, and primary education projects.
ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members - 48 from the region.

News: The Independent/ Bangladesh/ Jun-06-2011

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