Japan’s 42nd ODA Yen Loan For Bangladesh Signed

On 29 March, 2022, H.E. Mr. ITO Naoki, Ambassador of Japan to Bangladesh and Ms.
Fatima Yasmin, Secretary, Economic Relations Division, Ministry of Finance signed Exchange of
Notes of the 42nd Official Development Assistance (ODA) Yen Loan of Japan to Bangladesh.
The second batch of the 42nd Yen Loan amounts to 18,285 million yen, and the total amount with the first batch is 271,064 million yen (approximately USD 2.36 Billion).
Based on this agreement between the two counties, Mr. HAYAKAWA Yuho, Chief Representative of JICA Bangladesh Office and Ms. Fatima Yasmin signed a relevant loan
agreement.
“I’m pleased to be able to sign the Exchange of Notes with regard to 42nd Japanese Yen
Loan Package today. The 2nd batch of 42nd Yen Loan of this time will cover the last 1km of the
Metro Line 6 extended from Motijir Station to Kamalpur Station,. This year marks the 50th
anniversary of the establishment of diplomatic relations between Japan and Bangladesh. The
MRT symbolizes the changing face of Dhaka and the friendship between Japan and
Bangladesh.” said Ambassador ITO at the signing ceremony.
Japan has been the single largest bilateral donor for Bangladesh since 2012, and the total
amount of its aid as Yen Loan has reached USD 24.36 billion (commitment base).
After the above signing ceremony, a commencement ceremony for two technical cooperation
projects were also held. One project aims to enhance fisheries livelihood of local people in Cox’s
Bazar including “Rohingya” host communities, and the other project plans to supply safe water
through capacity building of DPHE (Department of Public Health Engineering) staff nationwide.

Press release