Indian Railways News

Bangladesh Railway implementing 12 projects under first Indian LoC

Bangladesh Railway (BR) is implementing 12 projects under the first Indian Line of Credit (LoC).

Three other projects will be implemented under the second LoC of Indian soft loan while two more projects under the third LoC, according an official release issued here on Thursday

An evaluation meeting on the progress of the projects undertaken by the Bangladesh Railway under the Indian soft loan LoC was held at the Railway Bhaban here on Thursday, the release said.

Railways Minister Mujibul Haque chaired the meeting that was attended by Prime Minister’s Economic Affairs Adviser Dr Moshiur Rahman, among others.

According to the release, detailed discussions on the projects being implemented under Indian finance, particularly under the first LoC, were held in the meeting. Project-wise discussion was also held on problems and the way out, it said.

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