World Bank and Bangladesh sign agreement of USD 500 million

world bank and bangladesh

The government of Bangladesh signed an agreement with the World Bank for the upgradation of rural  roads and connectivity in the western region. The project is expected to benefit over 20 million people in the western region of Bangladesh.

 

The project will help upgrade the 48 kilometre two-lane Jashore-Jhenaidah road to a modern 4-lane highway. It will also help improve 600 kilometre of connecting rural roads and build or develop new rural markets. The project will finance installation of  fiber-optic cables along the highway to ensure fast and reliable internet service.

 

The project envisages  setting up of separate lanes for slow moving vehicles to reduce accidents along highways. It will also install road crash barriers, signage and safe crossing facilities for pedestrians.

 

The project is the first of a multi-phased USD1.4 billion 10-year program to upgrade the existing 110 kilometre two-lane highway, Bhomra-Satkhira-Navaron and Jashore-Jhenaidah. In the current phase, the project will be implemented in four districts namely Jashore, Jhenaidah, Magura, and Chuadanga.

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