Government of the People’s Republic of Bangladesh

Western Economic Corridor and Regional Enhancement Program - World Bank Direct Loan

Industry
Infrastructure/Road
Area of finance
Project & Infrastructure Finance
Country
Bangladesh

Deal Overview

The World Bank $500 million loan to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts.  The Western Economic Corridor and Regional Enhancement Phase I project is the first of a multi-phased $1.4 billion World Bank program to upgrade...

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The World Bank $500 million loan to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts.  

The Western Economic Corridor and Regional Enhancement Phase I project is the first of a multi-phased $1.4 billion World Bank program to upgrade the existing 110km two-lane highway, Bhomra-Satkhira-Navaron and Jahore-Jhenaidah, to a safer and climate-resilient four-lane highway in western Bangladesh.

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Deal Volume
$ 500m
Financial Close
23 June 2020
Sources

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