Tk 21.75 crore Japanese grant for Barisal city corporation

The city corporation has recently extended its area of about 20 sq. km. where civic amenities such as roads, drains or water supply and drainage facilities have not yet been extended.

Water logging has become an acute problem in this city. To provide minimum civic facilities for the city dwellers, a proposal for the project was submitted to the government of Japan.

The Japanese Counterpart Fund is generated from the Debt Relief Grant Aid (DRGA) and the KR Food Aid. The Japanese government provided DRGA for eligible debtor countries, including Bangladesh, in return for repayment of their ODA debts.

The total amount of DRGA provided to Bangladesh was about 256.8 billion yen (approximately Tk 15,100 crore).

Japanese ambassador in Dhaka Masayuki Inoue has expressed the hope that the assistance under Japanese counterpart fund will contribute greatly to the development of infrastructure of Barisal City Corporation, said a press release.