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Japan to provide Tk 92bn loan for subway in Dhaka

DHAKA, Bangladesh- The Japanese government is lending Bangladesh $ 1.4 billion (Tk11,400 crore) to construct a subway in Dhaka.

Both parties signed the loan agreement on Tuesday.

The agreement was signed on behalf of their respective countries by Fatima Yasmin, secretary of the Economic Relations Division (ERD), and Ito Naoki, ambassador of Japan.

The Metrorail Line-5 project has a total cost of Tk