July 2, 2012, 02:54 AM
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Moderator
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Join Date: June 15, 2004
Location: Tokyo <---> Dhaka
Posts: 14,850
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JICA going through the same process as expected.
Quote:
Monday, July 2, 2012
Star Online Report
Japan International Cooperation Agency (Jica), a co-financer of Padma bridge project, in a statement on Monday said it would take decision on the project after having a discussion with Japan government.
Jaica's formal statement came two days after the leading financer of the project World Bank cancelled its $1.2 billion credit for the project claiming to have proof of a corruption conspiracy involving Bangladeshi officials, executives of a Canadian firm and private individuals.
Jica was committed to funding $400 million for the Padma bridge project.
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