Bangladesh inks €62.5m deals with IOM, Germany for migration, climate projects
Bangladesh signed three grant and loan agreements worth €62.5 million with the International Organisation for Migration (IOM) and Germany for migration and climate related projects.
Bangladesh's Economic Relations Division signed a €5 million grant agreement with IOM to improve migration management and sustainable reintegration, according to a press release.
Titled "Strengthened Service Delivery Systems for Improved Migration Management and Sustainable Reintegration," the EU-funded four-year project will be implemented by IOM.
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Md Shahriar Kader Siddiky, secretary of the Economic Relations Division, and Lance Bonneau, chief of mission, IOM Bangladesh, signed the agreement on behalf of their respective sides in Dhaka.
The project will support the initiatives of the Ministry of Expatriates' Welfare and Overseas Employment and Ministry of Foreign Affairs to strengthen initiatives related to migration and reintegration.
The project aims to enhance gender-responsive, rights-based migration and reintegration services in Bangladesh by strengthening service delivery systems and supporting vulnerable returnees.
Two deals with Germany
The ERD signed two more agreements – one grant and one loan – with Germany aimed at advancing climate-resilient urban development in Bangladesh, reads another press release.
The agreements — one on Technical Cooperation for the Climate Change Adapted Urban Development (CCAUD), Satkhira Component, Phase VI, and the other on Financial Cooperation for the Climate Change Adapted Urban Development Programme, Phase VII (UCRIP III) — amount to a total of €57.5 million.
ERD Secretary Md Shahriar Kader Siddiky, German Ambassador to Bangladesh Achim Troester, and Country Director of KfW Development Bank in Bangladesh Michael Sumser signed the agreements on behalf of their respective sides in Dhaka.
These agreements reaffirm the deep-rooted partnership between Bangladesh and Germany, particularly in tackling the pressing challenges posed by climate change. The targeted focus on inclusive development — supporting women, vulnerable communities, and migrants — highlights a shared vision for sustainable and equitable urban growth.
Germany has been an enduring development partner to Bangladesh since 1972, contributing over $3.06 billion in bilateral and technical financial assistance to date.
