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$2.67bn loan agreement for Padma rail link project signed

  • Published at 08:31 pm April 27th, 2018
$2.67bn loan agreement for Padma rail link project signed
The loan agreement of Padma rail link project was signed on Friday in Beijing, said according to an official release. The $2.67 billion agreement was signed at Exim Bank of China's head office. Additional Secretary of the Economic Relations Division (ERD) M Zahidul Haq and China Exim Bank Vice President Sun Ping signed the agreement on behalf of their respective sides.
Also Read- Padma Rail link: Bangladesh Raliway to finally ink deal with Chinese Exim Bank
A six-member Bangladesh delegation is now visiting China. Officials from the contractor organizations and Economic Counselor of Bangladesh Embassy in China M Jahangir, among others, were present at the signing ceremony.