ADB president Nakao due arrive tonight

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President of the Asian Development Bank (ADB) Takehiko Nakao.

President of the Asian Development Bank (ADB) Takehiko Nakao is scheduled to arrive here in Dhaka on Monday night on a three-day visit to Bangladesh.

President of the Asian Development Bank (ADB) Takehiko Nakao

During the visit, Nakao will meet Prime Minister Sheikh Hasina, Finance Minister AMA Muhith and other senior officials.

He will also visit selected ADB-assisted projects on Tuesday in power, education, urban infrastructure and rail transport sectors, according to ADB officials in Dhaka.

Bangladesh joined ADB in 1973, and in 1982 it became the first ADB member to host a field office.

To date, more than $20 billion in ADB loans, grants, and technical assistance has been approved for the country. Approved non-sovereign loans, equity investments, and guarantees have totaled $985.28 million.

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