WB offers $280m for dredging Indo-Bangladesh transit route

Posted on July 6, 2015

By Syful Islam, The Financial Express

The World Bank holds out US$280 million in soft loan to pave the way for enhanced inland water-transport services along Dhaka-Chittagong corridor which is also a protocol route for Indo-Bangladesh trade and transit, officials said.

They said the country office of the Bank on June 13 confirmed the regional IDA (International Development Association) project on the Dhaka-Chittagong IWT (inland waterway transport) Corridor by forwarding an aid-memoir.

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WB offers $280m for dredging Indo-Bangladesh transit route

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