BSS, Dhaka :
The government will sign a US$200 million agreement with the Asian Development Bank (ADB) to fund a project for strengthening urban governance and improve urban infrastructures and service delivery in municipalities across the country.
Economic Relations Division (ERD) Secretary Kazi Shofiqul Azam and ADB Country Director Kazuhiko Higuchi will sign the agreement on behalf of their respective sides at the NEC-II Conference Room at the ERD in the city’s Sher-e-Bangla Nagar area, said a press release here on Monday.
After the successful implementation of earlier phases, the project titled “Third Urban Governance and Infrastructure Improvement (Sector) Project (UGIIP-3)-Additional Financing” will provide investment funds to 35 pourashavas based on their governance performance.
“The ADB fund will develop pourashavas with high growth potential in an integrated and holistic way both in terms of governance and infrastructure
with an aim at making them model towns of the country,” an Economic Relation Division (ERD) official told BSS.
ADB will provide the loan to develop urban roads in addition traffic management and to ensure water, other urban infrastructures as well as services of pourashavas for environmentally sustainable and inclusive economic growth.
The urban services include urban flood protection, urban policy, institutional and capacity development, urban sanitation, urban slum development, urban solid waste management and urban water supply.
In the government’s Seventh Five-Year Plan (2016-2020), urban development is a national priority to reduce urban poverty and improve living conditions through better city governance and service improvement.
In line with this policy direction, UGIIP-3 supports strengthening of urban governance and improvement of urban infrastructure and service delivery in pourashavas by providing investment support to pourashavas with high potential growth based on their governance performance.
The government will sign a US$200 million agreement with the Asian Development Bank (ADB) to fund a project for strengthening urban governance and improve urban infrastructures and service delivery in municipalities across the country.
Economic Relations Division (ERD) Secretary Kazi Shofiqul Azam and ADB Country Director Kazuhiko Higuchi will sign the agreement on behalf of their respective sides at the NEC-II Conference Room at the ERD in the city’s Sher-e-Bangla Nagar area, said a press release here on Monday.
After the successful implementation of earlier phases, the project titled “Third Urban Governance and Infrastructure Improvement (Sector) Project (UGIIP-3)-Additional Financing” will provide investment funds to 35 pourashavas based on their governance performance.
“The ADB fund will develop pourashavas with high growth potential in an integrated and holistic way both in terms of governance and infrastructure
with an aim at making them model towns of the country,” an Economic Relation Division (ERD) official told BSS.
ADB will provide the loan to develop urban roads in addition traffic management and to ensure water, other urban infrastructures as well as services of pourashavas for environmentally sustainable and inclusive economic growth.
The urban services include urban flood protection, urban policy, institutional and capacity development, urban sanitation, urban slum development, urban solid waste management and urban water supply.
In the government’s Seventh Five-Year Plan (2016-2020), urban development is a national priority to reduce urban poverty and improve living conditions through better city governance and service improvement.
In line with this policy direction, UGIIP-3 supports strengthening of urban governance and improvement of urban infrastructure and service delivery in pourashavas by providing investment support to pourashavas with high potential growth based on their governance performance.
