$2.5bn deal to be signed | 2019-05-27 | daily-sun.com

PM’s Japan Visit

$2.5bn deal to be signed

Staff Correspondent

27 May, 2019 12:00 AM printer

$2.5bn deal to be signed

Bangladesh and Japan are expected to sign $2.5 billion deal under the 40th Official Development Assistance (ODA) during the Prime Minister Sheikh Hasina’s three-day visit to Japan from May 28.

Five projects, including Matarbari Port Development, Dhaka Mass Rapid Transit Development Projet (line 1), Foreign Direct Investment promotion, Energy Efficiency and Conversion

Promotion Financing Project and Matarbari Ultra Super Critical Coal-fired power project will be implemented under the 40th ODA package.         

Foreign Minister Dr AK Abdul Momen made the disclosure while briefing media at his ministry office on Sunday ahead of Prime Minister’s Japan and Saudi Arabia visits.

“This will be the 40th ODA to be signed and the amount will be 35 percent more than the last ODA” said foreign minister adding that Japan is expanding its assistance to Bangladesh in communication, power and electricity and industrialisation.

During her visit, the prime minister will have a bilateral meeting with her Japanese counterpart Shinzo Abe. Sheikh Hasina will talk to Abe with special focus on Rohingya issue.

Later, Prime Minister will attend a roundtable meeting with the top businessmen of Japan to discuss about the business and investment prospects between the two countries.

Besides, Sheikh Hasina will attend the ‘The Future of Asia’ conference by Nikkei Inc. at Imperial Hotel of Japan where she will be the keynote speaker.  Later, JICA president Shinichi Kitaoka will call on her at her place of residence.

Upon completion of her visit to Japan, PM Hasina will fly to Mecca from Tokyo on May 31 to join the 14th Summit of The Organisation of Islamic Cooperation (OIC), said foreign minister.

The summit, titled ‘Mecca Summit: Together for the Future’, aims to develop a unified stance on events in the Islamic world.

During a ministry-level ad-hoc meeting at the OIC, led by Gambia, it is expected that the process of filing a case with the International Court of Justice on the violation of human rights of the Rohingya nationals in Myanmar’s Rakhine will be in motion, the foreign minister said.

Several meetings between PM Hasina and other head of states are expected to take place on the sidelines of the OIC summit, he added.

On the morning of June 3, she will depart Jeddah for Helsinki, Finland via Frankfurt.

On June 4, she will call on the President of Finland at his official residence.

On June 7, the Prime Minister will leave Helsinki for Dhaka by Finair.