DHAKA, Oct. 4 (Xinhua) -- The Asian Development Bank (ADB) and the Bangladeshi government Wednesday signed a loan agreement for 120 million U.S. dollars to improve access to basic services and climate resilience of remote and rural communities in the country's southeastern Chattogram Hill Tracts region.

Sharifa Khan, secretary of Bangladesh's Economic Relations Division, and Edimon Ginting, ADB country director for Bangladesh, signed the agreement on behalf of their respective sides.

By 2031, the project is expected to increase cropping intensity by at least 50 percent on at least 7,500 ha of agricultural land, reduce by 50 percent the average time taken for women from 57,000 households to fetch potable water, and reduce the average travel time along the project-supported roads by 50 percent for buses, cars, and trucks compared with the baseline year of 2023.

The project will cover the three hill districts of Bandarban, Khagrachari and Rangamati, said the bank in a statement. Enditem

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