Bangladesh: Sylhet to Tamabil Road Upgradation Project

GRANT SUMMARY INFORMATION

SPECIAL FUND TYPE

PPSF Grant

MEMBER

Bangladesh

SECTOR

Transport

FINANCING

APPROVED AMOUNT

USD813,000

TIMELINE

APPROVAL DATE

November 5, 2018

DESCRIPTION

The subject project will improve cross-border connectivity between Bangladesh and India via a safe and efficient road link between Sylhet and Tamabil. Project activities include civil works, consulting services, operation and maintenance support and capacity building. The purpose of the project preparation grant is to support the client to develop proper environmental and social safeguard documents to manage the anticipated large amount of resettlement under a tight implementation schedule and to enhance the technical design up to the higher standards. Most importantly, the grant will strengthen the project implementation unit by filling in critical skills gaps.

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The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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