The New Nation - Internet Edition

Staff Reporter

Japan has assured Bangladesh of a new loan package for Haripur Power Plant project, Central Power Distribution project and Eastern Zone Bridge Improvement Project.

This was stated by Finance adviser Mirza Azizul Islam after his meeting with Japan International Cooperation Agency (JICA) vice president Kuroki Masafumi at the Planning Ministry yesterday. Talking to the newsmen the Finance Adviser said that they discussed about the details about three projects.

"JICA and Japan Bank for Cooperation (JBIC) is scheduled to merge into one organisation in October next. After the merger, the organisation would assist Bangladesh," he added.

Kuroki Masafumi said that his discussion with the Finance Adviser centered on the new loan package for their three projects.

He hoped that the implementation of these three projects would contribute to economic growth, poverty reduction, human security and disaster management in Bangladesh.

However, no final decision has been taken about the total size of the loan package of three projects.

Senior officials of both sides were present at the meeting.