EIB Global Invests €160 Million in Bangladesh's Infrastructure
The European Investment Bank's global arm, EIB Global, is set to provide an additional €160 million in financing for two major infrastructure projects in Dhaka city, Bangladesh. The projects, which will benefit over 10 million people, are part of one of the world's largest water treatment programs supported by European partners under the Team Europe Initiative. The Dhaka Environmentally Sustainable Water Supply project will receive an additional €70 million, bringing the total financing for the Gandharbpur water supply project to €100 million.
Key Takeaways:
- EIB Global is providing €160 million in additional financing for two major infrastructure projects in Dhaka city, Bangladesh.
- The projects will benefit over 10 million people and form part of one of the world's largest water treatment programs supported by European partners under the Team Europe Initiative.
- The Dhaka Environmentally Sustainable Water Supply project will increase EIB Global's financing for the Gandharbpur water supply project by €70 million, adding to a €100 million loan already in place.
- The Gandharbpur project, one of the biggest of its kind globally, will benefit over 4.5 million people by building and rehabilitating over 500 km of distribution lines and nearly 80 km of main pipelines.
- The project will shift supply away from overexploited groundwater to surface water, helping to secure a sustainable drinking water source for Dhaka's residents.
- The Saidabad Raw Water Conveyor Project will finance two new parallel pipelines bringing raw water from the Meghna River to the Saidabad I, II, and new III water treatment plants.
- The project will ensure a reliable, climate-resilient source of clean drinking water for around 6 million people and reduce dependence on unsustainable groundwater extraction.
Statistics:
- The two projects will benefit over 10 million people, improve public health by reducing water-borne diseases, and contribute to climate adaptation by safeguarding the city against droughts, flooding, and ground subsidence.
- The Gandharbpur project will shift supply away from overexploited groundwater to surface water, helping to secure a sustainable drinking water source for Dhaka's residents.
- The Saidabad Raw Water Conveyor Project will finance two new parallel pipelines bringing raw water from the Meghna River to the Saidabad I, II, and new III water treatment plants.
- The project will ensure a reliable, climate-resilient source of clean drinking water for around 6 million people.
- The financing agreements for both projects were announced at the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund in Washington D.C.
- EIB Global has supported over €1 billion in investments in Bangladesh primarily in the transport, water, and energy sectors since the beginning of its operations in 2000.
Sources:
- European Investment Bank
- Contify.com
- World Bank
- Agence Françoise de Développement (AFD)
- Kreditanstalt für Wiederaufbau (KfW)
- Danida Sustainable Infrastructure Finance (DSIF)
- European Union
- European Commission
- Team Europe Initiative
- Global Gateway Investment Agenda
- EIB Group
- World Bank Study on universal access to safe and affordable drinking water and sanitation (2017-2030)