Germany to provide 200m Euro to Bangladesh
Business Live: Germany will provide 200 million Euro (approximately Taka 1,846.6 crore) to Bangladesh for implementing projects in six different sectors, including renewable energy and energy efficiency, climate change and water resource management.
Of the total amount, 172 million Euro will be provided as financial cooperation for implementing projects on renewable energy and energy efficiency, climate change adaptation, textile and education-research, water resource management while 28 million Euro will be provided as technical cooperation.
Out of the amount, 156 million Euro will be spent on renewable energy and energy efficiency while 26 million Euro to be provided to Climate change-adapted development programme in urban areas, 7.5 million Euro in textile sector, 4.5 million Euro in water resources management in Dhaka, 4 million Euro for Sundarbans mangrove management plan and 2 million Euro in study and expert fund.
After signing of the agreements, ERD Secretary Monowar Ahmed said the German government is providing loan and grant assistance in various projects under these six important sectors.
German-Bangladesh Development Cooperation has a long-standing history in supporting infrastructure, health, poverty alleviation, good governance and human rights, energy efficiency and renewable energy, climate change adaptation, and recently also to the Rohingya and host communities in Cox’s Bazar district.
Dhaka 30 July (campuslive24.com)//MIH