• Monday, September 26, 2022

BANGLADESH

India offers $10 billion investment and $5 billion loan to Bangladesh

India prime minister Narendra Modi with Sheikh Hasina

By: Sarwar Alam

India will invest up to $10 billion in Bangladeshi sectors including infrastructure and medicine and will provide $5 billion in loans, including $500 million in military assistance, prime minister Sheikh Hasina said on Tuesday (11). Hasina returned to Bangladesh on Monday after a four-day state visit to India, leading a 280 member business delegation including 40 senior government officials and ministers. “The offers of investment and loans were given by the Indian government and private entrepreneurs during my visit to New Delhi,” she told reporters during a news conference. “Both investments and credit will be used for the development of…

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