Wednesday, 15 January, 2025
Wednesday, 15 January, 2025

ADB approves $230m loan for Bangladesh flood rehabilitation

The emergency assistance will help Bangladesh’s rehabilitation and reconstruction efforts after floods last year
Diplomatic Correspondent, dhakadiplomat.com
  22 Mar 2023, 18:34
Record rainfall in northeastern Bangladesh in May-June 2022 caused massive flooding, especially in the low-lying Hoar region, affecting 7.2 million people. Photo: ADB

The Asian Development Bank has approved $230 million in emergency assistance loans to help Bangladesh’s efforts to rehabilitate and reconstruct districts that saw severe flooding last summer.

Record rainfall in northeastern Bangladesh in May and June caused massive flooding, especially in the haor regions, and affected approximately 7.2 million people, ADB said.

The northeast districts of Brahmanbaria, Habiganj, Kishoreganj, Moulvibazar, Mymensingh, Netrokona, Sherpur, Sunamganj, and Sylhet will get the assistance to help in reconstruction, improving resilience and economic recovery.

“Bangladesh has taken steps to progressively improve its capacity to adapt to climate change, which include an adaptation plan that identifies major interventions in 11 climate-stressed regions across the country,” said ADB Principal Portfolio Management Specialist for Bangladesh Tika Limbu. “This project will support the government’s efforts and help restore damaged infrastructure, improve livelihoods, and build community resilience, applying the principal of build-back-better and aligning with the national adaptation plan.”

The project will help reconstruct transport infrastructure, including 757 km of rural roads, 34 km of rail track associated with culverts and bridges. It will also incorporate safety features, particularly for the elderly, women, children, and people with disabilities.

The funds will also be used to improve 80 km of river embankment and to reconstruct 3.8 km of flood prevention walls, and 15 flood fuses. It will also be used to rehabilitate 14 km of submersible embankment and four irrigation regulators and sluices. Meanwhile, 100,000 trees will be planted near rivers and irrigation channels to strengthen embankments and lower greenhouse gas emissions.

The project will also ensure safe and continuous water supply to affected communities by rehabilitating 11,900 tube wells. One hundred mobile toilets will also be deployed to meet the need for water, sanitation, and hygiene facilities, particularly for women.

Bangladesh will also get another $1 million in technical assistance as a grant from ADB’s Technical Assistance Special Fund, which will go to “support implementing agencies in building their capacities in climate adaptation and disaster risk management, improving project implementation and monitoring, and strengthening flood risk management and early warning system.”

 

Comments

  • Latest
  • Popular

Bangladesh-Pakistan trade yet to reach expected level

UK anti-corruption minister Tulip Siddiq resigns

Dhaka expresses deep concern on BSF acts over border fencing

EU ambassador meets BNP leaders, discusses election roadmap, reforms

Army gets magistracy power for 60 more days

HMPV detected in Bangladesh

India ceases border fencing amid strong resistance from BGB, residents: Home adviser

Pranay Verma discusses border security, cooperation amid fencing tensions

SC upholds HC's dismissal of 5 labour cases against Yunus

Tarique, Fakhrul invited to US prayer breakfast: BNP

১০
ADB to Provide $1 Billion Annually for Bangladesh’s Inclusive Development.
Asian Development Bank (ADB) Country Director Hoe Yun Jeong met with Syeda Rizwana Hasan, Advisor
JBCCI, IDE-JETRO for strengthening Japan-Bangladesh trade ties
The Board of Directors of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) hosted an
WB to continue support for key reform initiatives, Seck tells CA 
Outgoing World Bank Country Director to Bangladesh Abdoulaye Seck today promised the World Bank's support
World Bank slashes Bangladesh growth forecast to 4% for FY25
Bangladesh's economy is expected to grow 4 percent in the current fiscal year ending in