Japan to provide $27.21m to Bangladesh

Japan to provide $27.21m to Bangladesh

 

 

DHAKA, Dec 22, 2021 (BSS) –

 

The government of Japan will provide an overall 
amount of $27.21 million to Bangladesh against two projects.

  Out of the amount, Japan will provide 462 million Japanese Yen (equivalent 
to approximately Taka 35.75 crore or $4.21 million) for the project titled 
“The Project for Human Resource Development Scholarship (JDS)” as grant for 
Year 2021.

  Besides, Japan will also provide 2,429 million Japanese Yen (equivalent to 
approximately Taka 194.32 crore or $23.00 million) for the project titled 
“The Project for the Improvement of Governance and Management Research and 
Training Facilities”. 

  In this regard, “Exchange of Notes” and “Grant Agreements” were signed 
today between the government of Bangladesh and the government of Japan. 

  Fatima Yasmin, Secretary, Economic Relations Division (ERD) signed the 
“Exchange of Notes” and the “Grant Agreements” on behalf of the government of 
Bangladesh, while Ito Naoki, Ambassador of Japan in Bangladesh signed the 
“Exchange of Notes” and Yuho Hayakawa, Chief Representative, JICA Bangladesh 
Office, signed the “Grant Agreements” on behalf of the Government of Japan. 

  The Project for Human Resource Development Scholarship (JDS) is being 
implemented during the period 2001-2025 by the Economic Relations Division. 

  Under the project, the grant provided by Japan is being utilized for 
scholarships for BCS Cadre Officers, Bangladesh Judicial Service Officers and 
First Class Officers of Bangladesh Bank to study Masters and PhD courses at 
various universities in Japan. This scholarship is contributing to develop 
knowledge and skills acquired through higher education from Japanese 
universities; moreover, it is helping to develop relations between the two 
countries.

  It is to be noted that earlier Japan has provided 6.8 billion 
(approximately) Japanese Yen as grant for implementing the project for the 
period 2001-2020.

  The grant to be provided by Japan for ‘The Project for the Improvement of 
Governance and Management Research and Training Facilities’ will be utilized 
for developing physical infrastructure for training and research in BIGM to 
enhance the physical infrastructure facilities of BIGM, and to establish 
specialized centers for joint education, training and research activities on 
good governance, management and development in Bangladesh and Japan. 

  The project will be implemented by Bangladesh Institute of Governance and 
Management (BIGM) under Ministry of Public Administration. Implementation 
period of the project is April 2021 to June 2023. Besides, Record of 
Discussions (R/D) of three projects under technical cooperation were also 
signed today. 

  These three projects are ‘Strengthening Capacity for City Corporations 
Project’, ‘The Project for Improving Ground Handling Capacity at Hazrat 
Shahjalal International Airport’, and ‘The Project for Capacity Building of 
Nursing Services Phase 2′, which will be implemented by the Local Government 
Division (LGD), Ministry of Civil Aviation and Tourism, and Medical Education 
and Family Welfare Division respectively. 

  Through ‘Strengthening Capacity for City Corporations Project’ 
administrative functions in city corporations will be strengthened, which 
will contribute to improve service delivery of city corporations. 

  The purpose of the Project for Improving Ground Handling Capacity at Hazrat 
Shahjalal International Airport’ is to improve convenience, efficiency and 
safety at Hazrat Shahjalal International Airport by providing sustainable 
ground handling services. On the other hand, through the Project for Capacity 
Building of Nursing Services Phase 2, implementation system of nursing 
education will be strengthened at the targeted public nursing colleges and 
hospitals. 

  Japan is the single largest bilateral development partner providing 
financial support for the socio-economic development of Bangladesh. 

  Till November 2021, the Japanese commitment has exceeded $27.40 billion and 
disbursement to $16.18 billion. Japanese loans and grants are being utilized 
in a wide range of areas including power, roads, bridges, telecommunication, 
agriculture, health, education, water supply and sanitation, rural 
development, environment and human resource development. 

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