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China to finance 10 major projects in Bangladesh

China to finance 10 major projects in Bangladesh  In deepening its ties with Bangladesh the Chinese government has agreed to finance 10 large infrastructure projects estimated to be over $ 8.5 billion. The Chinese Embassy in Dhaka apprised Bangladesh Prime Minister’s office about the decision in early February . The communication has also proposed for setting up of a high level committee to foresee and help implement the projects smoothly. Bangladesh Daily The New Age, February 13 reported that the projects will be implemented by 2020 with a low cost Chinese aid. The project which will be in terms of loan agreements with a Chinese designated state owned firms. A senior official in Bangladesh Prime Minister’s office was quoted by The New Age that to have stated that t...
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