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Internet Edition. September 13, 2008, Updated: Bangladesh Time 12:00 AM |
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Merger between JICA and JBIC The Government of Japan has made institutional realignment to improve the quality of official development assistance (ODA) operations in an effort to conduct ODA policy in a more strategic framework and strengthen its implementation regime. As part of this development, a new JICA will be born on October 1, 2008, as an aid donor agency providing technical cooperation, concessional loans (ODA loans), and grant aid "under one roof." As a result of integrating ODA loan operations of the Japem Bank for International Cooperation (JBIC) with JICA aid schemes, the new JICA will provide comprehensive assistance for developing countries by making most use of a broader range of aid instruments effectively and efficiently as well as its network of 100 overseas offices across the world. JICA's Direction in Future Cooperation in Bangladesh will be 1) Balanced development under this; three goals are reflected (i) Economic Growth (ii) Social Development (iii) Good Governance, 2) Quality, Quantity and Capacity Development, and 3) Special focus on Climate Change and disaster management sector related issues.
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