World Bank finances inland waterway projects in Bangladesh

World Bank finances inland waterway projects in Bangladesh
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The Bangladesh Inland Water Transport Authority (BIWTA) has signed an agreement with contractors for the construction of six projects to facilitate transportation of goods and passengers on the country’s waterways. Funded by the World Bank, the projects include the development of three passenger terminals, two general cargo terminals with infrastructure and a training center for deck and engine personnel. The implementation of the projects is expected to cost 830 crore Tk.

Following the signing ceremony, Minister of State for Shipping Khalid Mahmud Chowdhury stated that the government aimed to connect Bangladesh’s waterways to the world. He referred to the country as a role model for development, where the World Bank and other donor organisations have seen that money is not wasted. Chowdhury expressed gratitude that the World Bank was supporting Bangladesh in its transportation development plans.

Tags: Bangladesh Inland Water Transport Authority (BIWTA),BITWA,World Bank


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