Padma Bridge construction site

China to give $2.6b loan for Padma rail link

MNA Business Desk: The loan agreement of Padma rail link project was signed on Friday in Beijing, capital of China, said an official release in Dhaka.

The $2.67 billion agreement was signed at Exim Bank of China’s head office at 10.30am (local time of China), reported news agency.

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.

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.

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