Metropolis Report-
The World Bank claimed that the country’s Khulna and Barishal regions have been revitalized by the construction of the Padma Bridge.
The Padma Bridge’s immediate effects on transportation and interdistrict trade, according to the Washington-based lender, have the potential to draw in fresh investments to the nation.
According to a World Bank report titled “Bangladesh development update, trade reform: an urgent agenda,” it has “breathed new life into economic activities in the Khulna and Barishal regions, particularly expanding export-import through the Mongla port.”
At a ceremony held at its Dhaka office, the international organization released the findings.
The global lender made the remarks years after postponing a $1.2 billion investment for the Padma Bridge’s completion in 2012.
Long-lasting domestic and international uncertainty is anticipated to have a negative impact on investment growth, despite the Padma Bridge’s completion offering several high-potential prospects, according to the World Bank’s most recent Bangladesh Development Report.
