Staff Reporter
Japan will provide a new loan worth Tk 21 billion (35,996 million yen or US $324 million equivalent) for New Haripur Power Plant and two other projects at 0.01 per cent interest rate under a newly devised financing package.
An agreement to this effect was signed between the Government of Japan and Government of Bangladesh in Dhaka yesterday.
Japanese Ambassador Masayuki Inoue and Secretary of Economic Relations Division of Finance Ministry M Aminul Islam Bhuiyan signed the Exchange of Notes on behalf of their respective governments. [Read more]