Commonwealth Business Communications
  • HOME
  • ABOUT
  • COUNTRIES
    • AFRICA
      • BOTSWANA
      • CAMEROON
      • GAMBIA
      • GHANA
      • KENYA
      • KINGDOM OF eSWATINI
      • LESOTHO
      • MALAWI
      • MAURITIUS
      • MOZAMBIQUE
      • NAMIBIA
      • NIGERIA
      • RWANDA
      • SEYCHELLES
      • SIERRA LEONE
      • SOUTH AFRICA
      • TANZANIA
      • UGANDA
      • ZAMBIA
    • ASIA
      • BANGLADESH
      • BRUNEI DARUSSALAM
      • INDIA
      • MALAYSIA
      • MALDIVES
      • PAKISTAN
      • SINGAPORE
      • SRI LANKA
    • CARIBBEAN AND AMERICAS
      • ANTIGUA AND BARBUDA
      • BAHAMAS
      • BARBADOS
      • BELIZE
      • CANADA
      • DOMINICA
      • GRENADA
      • GUYANA
      • JAMAICA
      • SAINT LUCIA
      • ST KITTS AND NEVIS
      • ST VINCENT AND THE GRENADINES
      • TRINIDAD AND TOBAGO
    • EUROPE
      • CYPRUS
      • MALTA
      • UNITED KINGDOM
    • PACIFIC
      • AUSTRALIA
      • FIJI
      • KIRIBATI
      • NAURU
      • NEW ZEALAND
      • PAPUA NEW GUINEA
      • SAMOA
      • SOLOMON ISLANDS
      • TONGA
      • TUVALU
      • VANUATU
  • AREAS OF WORK
    • GOVERNMENT
    • EDUCATION
    • HEALTH
    • ICT
    • INFRASTRUCTURE DEVELOPMENT
    • NATURAL RESOURCES
    • SUSTAINABLE DEVELOPMENT GOALS
    • TRADE AND INVESTMENT
  • OUR PUBLICATIONS
    • CHOGM
      • COMMONWEALTH HEADS OF GOVERNMENT INTERIM REPORT 2020
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2018 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2015 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2011 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2009 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2007 REPORT
    • HEALTH
      • COMMONWEALTH HEALTH REPORT 2022
      • COMMONWEALTH HEALTH REPORT 2020
    • EDUCATION
      • COMMONWEALTH EDUCATION REPORT 2021
      • COMMONWEALTH EDUCATION REPORT 2019
    • MINISTERS
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2017
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2015
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2014
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2011
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2010
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2009
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2008
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2007
    • FINANCE
      • COMMONWEALTH FINANCE MINISTERS REPORT 2012
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2010
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2009
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2008
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2007
    • TRADE AND INVESTMENT
      • AFRICA INFRASTRUCTURE INVESTMENT REPORT 2013
    • QUEEN AND COMMONWEALTH
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S PLATINUM JUBILEE
      • QUEEN & COMMONWEALTH: 90 GLORIOUS YEARS
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S DIAMOND JUBILEE
  • CONTRIBUTORS
  • CONTACT US
Commonwealth Business Communications
Commonwealth Business Communications
  • HOME
  • ABOUT
  • COUNTRIES
    • AFRICA
      • BOTSWANA
      • CAMEROON
      • GAMBIA
      • GHANA
      • KENYA
      • KINGDOM OF eSWATINI
      • LESOTHO
      • MALAWI
      • MAURITIUS
      • MOZAMBIQUE
      • NAMIBIA
      • NIGERIA
      • RWANDA
      • SEYCHELLES
      • SIERRA LEONE
      • SOUTH AFRICA
      • TANZANIA
      • UGANDA
      • ZAMBIA
    • ASIA
      • BANGLADESH
      • BRUNEI DARUSSALAM
      • INDIA
      • MALAYSIA
      • MALDIVES
      • PAKISTAN
      • SINGAPORE
      • SRI LANKA
    • CARIBBEAN AND AMERICAS
      • ANTIGUA AND BARBUDA
      • BAHAMAS
      • BARBADOS
      • BELIZE
      • CANADA
      • DOMINICA
      • GRENADA
      • GUYANA
      • JAMAICA
      • SAINT LUCIA
      • ST KITTS AND NEVIS
      • ST VINCENT AND THE GRENADINES
      • TRINIDAD AND TOBAGO
    • EUROPE
      • CYPRUS
      • MALTA
      • UNITED KINGDOM
    • PACIFIC
      • AUSTRALIA
      • FIJI
      • KIRIBATI
      • NAURU
      • NEW ZEALAND
      • PAPUA NEW GUINEA
      • SAMOA
      • SOLOMON ISLANDS
      • TONGA
      • TUVALU
      • VANUATU
  • AREAS OF WORK
    • GOVERNMENT
    • EDUCATION
    • HEALTH
    • ICT
    • INFRASTRUCTURE DEVELOPMENT
    • NATURAL RESOURCES
    • SUSTAINABLE DEVELOPMENT GOALS
    • TRADE AND INVESTMENT
  • OUR PUBLICATIONS
    • CHOGM
      • COMMONWEALTH HEADS OF GOVERNMENT INTERIM REPORT 2020
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2018 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2015 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2011 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2009 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2007 REPORT
    • HEALTH
      • COMMONWEALTH HEALTH REPORT 2022
      • COMMONWEALTH HEALTH REPORT 2020
    • EDUCATION
      • COMMONWEALTH EDUCATION REPORT 2021
      • COMMONWEALTH EDUCATION REPORT 2019
    • MINISTERS
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2017
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2015
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2014
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2011
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2010
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2009
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2008
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2007
    • FINANCE
      • COMMONWEALTH FINANCE MINISTERS REPORT 2012
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2010
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2009
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2008
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2007
    • TRADE AND INVESTMENT
      • AFRICA INFRASTRUCTURE INVESTMENT REPORT 2013
    • QUEEN AND COMMONWEALTH
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S PLATINUM JUBILEE
      • QUEEN & COMMONWEALTH: 90 GLORIOUS YEARS
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S DIAMOND JUBILEE
  • CONTRIBUTORS
  • CONTACT US

IMPROVING ROAD AND DIGITAL CONNECTIVITY IN BANGLADESH

  • CBC News Team
Total
0
Shares
0
0
0

The government of Bangladesh has signed a $500 million financing agreement to help upgrade the Jashore-Jhenaidah highway and improve the connecting rural roads and markets that will benefit over 20 million people living in the western region.

The Western Economic Corridor and Regional Enhancement (WeCARE) Program Phase Iproject will help upgrade the 48 KM two-lane Jashore-Jhenaidah road to a modern 4-lane highway. The project will also help rehabilitate about 600km connecting rural roads, and build new or develop existing rural markets. It will also install fibre-optic cables along the highway to ensure fast and reliable Internet service.

“With better connectivity and logistics, farmers will be able to reach new and existing markets in less time and cost, and will also minimize loss from spoilage of perishable goods,” said Mercy Tembon, World Bank Country Director for Bangladesh and Bhutan.“The economic corridor will create new opportunities for people and stimulate the local economy. Moreover, this will help Bangladesh become a regional hub for trade, transit and logistics.”

A “safe system approach” will be piloted along the highway to reduce fatalities and injuries due to road crashes. The project will set up separate lanes for slow-moving vehicles, road crash barriers, signage, and safe crossing facilities for pedestrians.

“This is a ground-breaking project that will help simultaneously improve transport network,” said Fatima Yasmin, Secretary, Economic Relations Division, Government of Bangladesh. “Improvement in the logistics and transport in the western districts will further help accelerate economic growth and development for the entire country.”

The agreement was signed by Fatima Yasmin and Mercy Tembon on behalf of the Government and the World Bank, respectively.

The project is the first of a multi-phased $1.4 billion 10-year programme to upgrade the existing 110km two-lane highway, Bhomra-Satkhira-Navaron and Jashore-Jhenaidah. In the current phase, the project will be implemented in four districts: Jashore, Jhenaidah, Magura, and Chuadanga. In the first two years, the project will create about 1.3 million day works for local rural people in civil works.

The credit from the World Bank’s International Development Association, has a 34-year term, including a four-year grace period. The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed more than $33.5 billion in grants, interest-free, and concessional credits to the country. 

Learn More: The World Bank in Bangladesh

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
CBC News Team

Previous Article

BETTER ACCESS TO ELECTRICITY IN SIERRA LEONE

  • CBC News Team
Read More
Next Article

UK-BANGLADESH TRADE AND INVESTMENT DIALOGUE HELD IN DHAKA

  • CBC News Team
Read More
You May Also Like
Commonwealth mourns late Queen Elizabeth II
Read More
  • Queen & Commonwealth
  • BANGLADESH
  • INDIA
  • GHANA
  • NEW ZEALAND
  • CANADA
  • PAKISTAN
  • JAMAICA
  • SOUTH AFRICA

Commonwealth nations mourn late Queen Elizabeth II

  • CBC News Team
  • 14 September 2022
Read More
  • BANGLADESH
  • GOVERNMENT
  • ASIA
  • TRADE AND INVESTMENT

BANGLADESH ECONOMY SHOWS RESILIENCE AMID GLOBAL UNCERTAINTY

  • CBC News Team
  • 18 April 2022
Read More
  • CARIBBEAN AND AMERICAS
  • INFRASTRUCTURE DEVELOPMENT
  • NATURAL RESOURCES
  • SUSTAINABLE DEVELOPMENT GOALS

SEIZING GREEN OPPORTUNITIES FOR GROWTH IN THE CARIBBEAN

  • CBC News Team
  • 8 April 2022
Read More
  • AFRICA
  • GOVERNMENT
  • INFRASTRUCTURE DEVELOPMENT
  • NATURAL RESOURCES
  • TRADE AND INVESTMENT

TRANSFORMING THE ECONOMIC BENEFITS TO SUB-SAHARAN AFRICAN COUNTRIES

  • CBC News Team
  • 28 March 2022
Read More
  • BANGLADESH

NATIONAL DAY – BANGLADESH

  • CBC News Team
  • 26 March 2022
Read More
  • AFRICA
  • GOVERNMENT
  • INFRASTRUCTURE DEVELOPMENT
  • NATURAL RESOURCES
  • SUSTAINABLE DEVELOPMENT GOALS
  • TRADE AND INVESTMENT
  • NIGERIA

HELPING LIFT MILLIONS OF NIGERIANS OUT OF POVERTY

  • CBC News Team
  • 24 March 2022
Read More
  • AFRICA
  • GOVERNMENT
  • GHANA
  • INFRASTRUCTURE DEVELOPMENT
  • TRADE AND INVESTMENT

WORLD BANK LAUNCHES NEW PARTNERSHIP WITH GHANA

  • CBC News Team
  • 22 February 2022
Read More
  • BANGLADESH
  • ASIA
  • SUSTAINABLE DEVELOPMENT GOALS

SUSTAINABLE PLASTIC MANAGEMENT KEY FOR GREEN GROWTH IN BANGLADESH

  • CBC News Team
  • 27 December 2021
OUR LATEST PUBLICATION

Subscribe to our Newsletter

PARTNER FOCUS
Recent Posts
  • Commonwealth Day 2023
    Commonwealth Day 2023
  • Celebrating Mauritius Independence Day
    Celebrating Mauritius Independence Day
  • Flag of Ghana
    Celebrating Ghana Independence Day
  • Zambia gets £1.6 million injection to address water shortages
    Zambia gets £1.6 million injection to address water shortages

Subscribe

Subscribe now to our newsletter

Commonwealth Business Communications
  • HOME
  • About
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2022 Commonwealth Business Communications Limited. All Rights Reserved.

Input your search keywords and press Enter.