The Asian Development Bank (ADB) and the government of Bangladesh concluded two loan negotiations for small-and medium-sized enterprises (SME) development and Chittagong port facilitation.
The two projects are “Small and Medium Enterprises Sector Development Program (SMESDP)” and the “Chittagong Port Trade Facilitation Project (CPTFP)”, an official announcement said.
Joint Secretary of Economic Relations Division Mohammed Shaheedul Haque led the two government teams during the negotiations while ADB's lead financial sector specialist Renato Limjoco and senior project specialist Prianka N Seneviratne represented the donor's side for the projects respectively. "Both the projects are planned to be submitted for consideration by ADB's Board of Directors in December 2004," the release said.