The government of Bangladesh has secured loans worth US$1.6 billion to build a road-rail bridge linking a port to a major industrial centre.

The Bangladeshi minister of finance recently signed an agreement to borrow US$810 million from the Korean financial organisation Eximbank. It has also secured a loan of US$720 million from EDCF and US$90 million from EDPF.

The aim of the project is to build a bridge over the Karnapuli River in Chattgram, south east Bangladesh. The crossing will link Chittagong Port with an industrial zone.