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World Bank to fund Bangladesh Inland Waterways projects

by Kalpana Pandey
May 17, 2023
in News, Asia, Inland Waterways, Logistics, Supply Chain, Transport & Multimodal
Reading Time: 1 min read
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Inland waterways

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Bangladesh Inland Water Transport Authority (BIWTA) on Tuesday signed agreement with contractors for the construction and development of six World Bank-funded projects aimed to facilitate the transportation of passengers and goods on inland waterways.

The projects are: construction of two general cargo terminals with infrastructure, three passenger terminals and development of a Deck and Engine Personnel Training Centre (DEPTC).

The implementation of the projects will cost about Tk830 crore.

Speaking at the signing ceremony, State Minister for Shipping Khalid Mahmud Chowdhury said, “We want to connect the waterways of Bangladesh with the world.” He also said, “The World Bank and other donor agencies have seen that Bangladesh does not waste money. Bangladesh is a role model for development. We are happy that the World Bank is with us.”

Tags: Bangladesh Inland Water Transport Authority (BIWTA)BITWAWorld Bank
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The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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