Japan’s JICA Will Not Fund Padma Project


Just a day after World Bank released its probe report on Padma scandal, the Japan International Cooperation Agency (JICA) has at last confirmed its decision not to fund the much-awaited Padma bridge project.
JICA President Akihiko Tanaka, who is on a visit to India at present, expressed its decision Tuesday night, thus clearing the rumour that the agency would allocate funding for the Padma project.
“The Bangladeshi government seems to be interested in implementing the Padma project with own funds. That’s why the plan we had to allocate loans has already been cancelled,” said Tanaka.
The communications minister Obaidul Quader, meanwhile, told journalists Wednesday that the WB (World Bank) report won’t hamper implementation of Padma bridge.
He also said construction of the bridge would begin next month.

Source: Taza Khobor