Economic Reporter :
Commerce Minister Tofail Ahmed on Tuesday said World Bank (WB) would provide financial and technical assistance to implement the projects in Bangladesh part related to the BBIN.
“Initially the project in our side would be implemented involving Taka 1,000 crore,” said the minister after having a view-exchange meeting with WB delegation led by WB Country Director Qimiao Fan at his secretariat office.
Commerce ministry would implement the project in Bangladesh side, as earlier four countries -Bangladesh, Bhutan, India and Nepal (BBIN) struck a deal to facilitate regional trade and develop connectivity to foster growth. He said the WB country director has lauded Bangladesh for developing its efficiency to implement mega projects.
The commerce minister sought WB cooperation to expedite and modernize the research activities of Bangladesh Foreign Trade Institute (BFTI) for the development of trade.
At present, the WB is providing assistance and cooperation with $ 10 billion to 40 sectors.
