Asian Development Bank (ADB) and Islamic Development Bank have approved loans of $615 million and $140 million for the construction of Padma Multipurpose Bridge.
The development partners took the decisions at their board meetings yesterday, said Communications Minister Syed Abul Hossain.
Approval of $1500 million loan by the World Bank (WB) is now in process, the minister said.
Yesterday in a press release, the WB said the preparation for the bridge is on in full swing, and the government along with four development partners is working closely to complete the construction of the bridge in time.
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