Germany to provide Tk 3463.3cr to BD under two deals

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Business Desk :
Germany will provide EUR 339.54 million or approximately Tk 3463.3 crore technical and financial cooperation support to Bangladesh for development projects in various sectors.
Bangladesh and Germany on Sunday signed the financial and technical agreements on development cooperation, said a German Embassy press release in Dhaka on Monday.
The cooperation under the agreements will take place in the areas of renewable energy and energy efficiency (EUR237.5 million EUR), sustainable urban development (EUR 30 million EUR), good governance (EUR 5.5 million), displacement and migration (EUR 19 million), training and sustainable growth for decent jobs, (EUR42.5 million EUR) and protection of biodiversity (EUR 5.04 million).
Following the negotiations of the two governments, the available amount totalling EUR 339.54 million (approx. Tk 3463.3 crore) has been allocated with EUR47.04 million for technical cooperation and EUR 292.5million for financial cooperation.

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