The New Development Bank (NDB) has expressed its interest in financing two important projects in Bangladesh: the Expanded Dhaka City Water Supply Resilient Project and the Replacement of Gas Pipeline between Dhaka and Narayanganj Project. NDB plans to provide a loan of $677 million to support the development of the water and gas sectors in the country. Of this amount, $235 million will be allocated to the water supply project of Dhaka Water and Sewerage Authority, while $442 million will be dedicated to repairing and replacing leaky gas pipelines in Dhaka and Narayanganj.
The NDB is currently evaluating the Expanded Dhaka City Water Supply Network Improvement Project, which aims to enhance the water distribution network and ensure a stable supply of water to the outer areas of Dhaka. During the 8th annual meeting of the NDB, discussions were held regarding future financing opportunities and the appointment of South Africa as the next chair of the Board of Governors.