BD to get EUR 330m from France for development projects

CAAB signs deal with CAAF to strengthen cooperation for knowledge sharing and training for its employees

_A Monitor Report  Date: 16 November, 2021 | 124 Views

Dhaka : A development agency of France will provide EUR 330 million for the implementation of development projects in Bangladesh. Bangladesh and France have signed three agreements in this regard.
Of the EUR 330 million, Agency France Development (AFD), a development bank and cooperation agency, will provide EUR 200 million for budget support due to Covid-19 pandemic and the rest EUR 130 million for the Dhaka Environmentally Sustainable Water Supply Project, which is already under implementation.
Economic Relations Division (ERD) Secretary Fatima Yasmin said this while briefing the media in Paris on November 10.
With the EUR 330 million, AFD's total support to Bangladesh exceeded EUR 1 billion as it earlier provided EUR 800 million, she said.
In South Asia, the AFD provides the largest amount of assistance to Bangladesh, she added.
The ERD secretary said they will sign a host country agreement with them in the coming days as discussions to this end are at the final stage.
Civil Aviation and Tourism Secretary Md Mokammel Hossain said Bangladesh Civil Aviation Authority has signed an agreement with France Civil Aviation Authority to strengthen the cooperation for knowledge sharing and training for its employees.
Foreign Minister Dr AK Abdul Momen, Prime Minister's Press Secretary Ihsanul Karim and Foreign Secretary Masud Bin Momen were, among others, present.

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