November 24, 2021
signing ceremony
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.
(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 |