Metropolis Report-
According to Planning Minister MA Mannan, the Japan International Cooperation Agency (Jica) expressed interest in investing more in Bangladesh’s infrastructure.
With a total commitment of 331 billion Japanese Yen in the most recent Japanese fiscal year, Jica’s commitment and disbursement of official development assistance (ODA) loans in Bangladesh achieved the second-highest levels since March 1974.
As of this writing, Jica has committed a total of 373 billion Japanese yen for the fiscal year 2020. Five major projects make up Bangladesh’s ODA loan obligation.
To satisfy the country’s rising demand for economic and social infrastructure, Jica has increased its cooperation with Bangladesh through ODA loans, grants, and technical cooperation programs.
