We need to settle first with donors, Muhith says about Padma project
3/25/12
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“There’s a process…I said it before and saying it again , we’re already engaged with four donor agencies (WB, ADB, IDB and Jica)…we need to go for an understanding first with them…it’s not only with the World Bank,” he told reporters at the Secretariat after a meeting with Indian High Commissioner Pankaj Saran.

Earlier, outgoing Malaysian High Commissioner Jamaluddin Bin Sabeh told the reporters that the Malaysian cabinet approved the proposed Memorandum of Understanding (MoU) over the Padma Multipurpose Bridge Project.
On Malaysia’s proposal, Muhith said: “It’s a good decision…it’s in favour of us….but we need to finalise it.”

He went on: “It could be a Malaysian project with all participants…who knows?”

Asked about any timeframe, he said he does not know anything about the timeframe.

He reiterated that the construction work on the Padma Bridge would start within the tenure of the present government.

Asked about the issues discussed with the Indian envoy, Muhith said they talked about the implementation progress of the projects taken under the US$ 1 billion Indian credit line.

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