Signing of Japanese ODA Loan Agreements with Bangladesh: Contributing to COVID-19 crisis response and the realization of resident health system, and the acceleration of economic growth through the development of core infrastructure

［Goal 3］ Good Health and Well-Being
SDGs
［Goal 7］ Affordable and Clean Energy
SDGs
［Goal 11］ Sustainable Cities and Communities
SDGs

2021.11.24

On November 22, the Japan International Cooperation Agency (JICA) signed loan agreements with the Government of the People’s Republic of Bangladesh in Dhaka, to provide Japanese ODA loans of up to a total of 292.279 billion yen for the following one program and two projects.

(1)COVID-19 Crisis Response Emergency Support Loan Phase 2 (loan amount: 40 billion yen)
(2)Dhaka Mass Rapid Transit Development Project (Line 1) (II) (loan amount: 115.027 billion yen)
(3)Matarbari Ultra Super Critical Coal-Fired Power Project (VI) (loan amount: 137.252 billion yen)

Details for the program and the projects are provided below.

photo

signing ceremony

(1)COVID-19 Crisis Response Emergency Support Loan Phase 2
(a)Objective and Summary
The objectives of the program are to realize a resilient health system through concessional financing by supporting smooth implementation of policies to strengthen the COVID-19 response capacity in the health sector, to enhance economic and physical access to health services towards the achievement of Universal Health Coverage, and to improve health finance, thereby contributing to the promotion of the economic stabilization and development efforts of the country. This program will contribute to the achievement of SDGs Goals 1, 3, 5 and 10.

(b)Executing Agency
Finance Division, Ministry of Finance
Address: Building # 7, Bangladesh Secretariat, Abdul Goni Road, Dhaka-1000, Bangladesh
Phone: + 880-2-9512201, Fax: + 880-2-9576003

(c)Planned Implementation Schedule

  • 1 . Completion of program: February 2022 – when the loan is executed
  • 2 . Issuing of letters of invitation for consulting services: No hiring of consultants is planned for this program
  • 3 . Tender announcement of initial procurement package for international competitive bidding on project construction: No work in conjunction with bidding is planned for this program

(2)Dhaka Mass Rapid Transit Development Project (Line 1) (II)
(a)Objective and Summary
The objective of the project is to alleviate traffic congestion and mitigate air pollution in Dhaka city and its adjacent areas by constructing a mass rapid transit system, thereby contributing to economic development and improving the urban environment. The project will contribute to the achievement of SDGs Goals 9, 11 and 13.

(b) Executing Agency
Dhaka Mass Transit Company Limited
Address: 71-72 Old Elephant Road, Eskaton Garden, Dhaka-1000, Bangladesh
Phone: +880-2-55138099, FAX: +880-2-9358589

(c) Planned Implementation Schedule

  • 1 . Completion of project: August 2027 – when the facilities are put into service
  • 2 . Issuing of letters of invitation for consulting services (including construction supervision): September 2021(Already sent)
  • 3 . Tender announcement of initial procurement package for international competitive bidding on project construction:
    Procurement package title: Soil Improvement and Land Development at Depot
    Release date: June 2021(Already announced)

(3)Matarbari Ultra Super Critical Coal-Fired Power Project(VI)
(a)Objective and Summary
The objective of the project is to increase a stable power supply and to diversify energy sources in Bangladesh by constructing an ultra super critical coal-fired power plant in Matarbari area, thereby contributing to nationwide economic development. The project will contribute to the achievement of SDGs Goals 7 and 9.

(b)Executing Agency

  • 1 . Coal Power Generation Company Bangladesh Limited
    Address: CPGCBL, Uniqne Heights Level 17, 117 Kazi Nazrul Islam Avenue, Eskaton Garden Road, Dhaka-1217, Bangladesh
    Phone: +880-2-9180788,FAX: +880-2-9348306
  • 2 . Power Grid Company of Bangladesh Limited
    Address: IEB Bhaban 3rd Floor& 4th Floor, 8/A Ramna, Dhaka-1000, Bangladesh
    Phone: +880-2-9338529, FAX: +880-2-9348306
  • 3 . Roads and Highways Department. Ministry of Road Transport and Bridges
    Address: Sarak Bhaban, Tejgaon Industrial Area, Dhaka-1208, Bangladesh
    Phone: +880-2-8879299 , FAX: +880-2-8879199

(c)Planned Implementation Schedule

  • 1 . Completion of project: July 2024 – when the facilities are put into service
  • 2 . Issuing of letters of invitation for consulting services (including detailed design work):Already hired
  • 3 . Tender announcement of initial procurement package for international competitive bidding on project construction: Already contracted
Project title Amount
(million yen)		 Annual interest rate (%) Repayment
period
(years)		 Grace
period
(years)		 Procurement
Project Consulting
services
COVID-19 Crisis Response Emergency Support Loan Phase 2 40,000 0.55 - 30 10 General untied
Dhaka Mass Rapid Transit Development Project (Line 1)(II) 115,027 0.60 0.01 30 10 General untied
Matarbari Ultra Super Critical Coal-Fired Power Project(VI) 137,252 0.60 0.01 30 10 General untied

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