August 25, 2026

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KOICA, ERD and Hanbaek join forces to strengthen sustainable development cooperation

Diplomatic Desk:

A Memorandum of Understanding (MOU) has been signed between the Korea International Cooperation Agency (KOICA) and the Economic Relations Department (ERD) of the Government of Bangladesh to further institutionalize and accelerate public-private partnership (PPP) development initiatives in Bangladesh.

This MoU establishes an integrated partnership framework for development cooperation in Bangladesh, which will play a supportive role in implementing joint initiatives between the public and private sectors in the future.

In addition, a Sub-Memorandum of Understanding (Sub-MOU) has been signed between KOICA, ERD and Hanbaek International to make this partnership more effective and stronger.

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