On Friday (June 26, 2025), the Government of Bangladesh and the Government of Japan signed a loan agreement for the project titled Construction of Dual Gauge Double Line Between Joydevpur-Iswardi Section Project (I) under the 46th Yen Loan Package 2nd Batch.
The loan agreement was signed at the NEC-2 meeting room of the Economic Relations Department. On behalf of the Government of Bangladesh, Secretary of the Economic Relations Department Md. Shahriar Quader Siddiqui and Chief Representative of the JICA Office in Bangladesh Ichiguchi Tomohide signed the loan agreement on behalf of the Government of Japan.
Under the loan agreement, the Government of Japan will provide a total of 92,077 million Japanese Yen (approximately $630 million) in loan assistance to Bangladesh.