Germany provides $190.43m to Bangladesh for development projects
Bangladesh and Germany recently signed financial and technical agreements on development cooperation worth €180.807 million ($190.43 million).
According to an official statement, the agreements allocate €45.8 million for technical cooperation and up to €135 million for financial cooperation.
The cooperation under these agreements will take place in the areas of renewable energy and energy efficiency (up to €50.5 million), sustainable urban development (up to €95.5 million), technical and vocational education and training (up to €5 million), socially and environmentally sound supply chains, trade and infrastructure (€12 million), protection of biodiversity (up to €6.0 million) and for a project on combating domestic violence against women and children (up to €7.0 million).
Germany has been a consistent development partner of Bangladesh since 1972, providing financial and technical assistance exceeding €3.5 billion over the decades. This ongoing partnership aims to support sustainable growth and social progress in Bangladesh.
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