ADB agrees $360m loan for rolling stock to boost Bangladesh Railway

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Social infrastructure

Region:

Asia-Pacific

The Asian Development Bank (ADB) has approved loans totaling $360 million to buy modern rolling stock and support reform in Bangladesh Railway to help promote a shift from roads to rail. Bangladesh Railway will procure 40 broad gauge locomotives, 125 luggage vans, and 1,000 wagons for freight trains for use on major lines of the rail network.

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