Japan watching progress of Padma project: New envoy
Japan is closely watching the progress in Padma Bridge project after the World Bank (WB) slashed its loan commitment for the project.
“We can only say we are watching it closely because in our case we are only committed to the construction of the bridge, and the bidding process has not started yet,” new Japanese Ambassador to Bangladesh Shiro Sadoshima said during an interview at his office.
WB suspended its US$ 1.2 billion funding to the project over allegation of corruption in the appointment of consultants.
Japan has also committed US$ 400 million for the construction of the mega project.
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