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Japan funding for Hazrat Shahjalal Airport’s major upgrade

Japan funding for Hazrat Shahjalal Airport’s major upgrade

Staff Correspondent

In a significant development for Bangladesh's aviation sector, the country and Japan on Sunday signed the exchange of notes of the 44th Official Development Assistance (ODA) yen loan.

This crucial funding, amounting to 76,635 million yen (approximately USD 540 million), is earmarked for the expansion of Dhaka's Hazrat Shahjalal International Airport (HSIA).

The installment will be used for constructing Hazrat Shahjalal International Airport's Third International Passenger Terminal, a Cargo Terminal, and associated facilities.

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