Accra:A Memorandum of Understanding (MoU) has been signed between the Government of Bangladesh and the Government of Germany to implement the "Eco-Build Scaling up Green Construction" project. This initiative aims to promote environmentally sustainable and climate-friendly construction practices in Bangladesh.
According to Bangladesh Sangbad Sangstha, Md. Shahriar Kader Siddiky, secretary of the Economic Relations Division of the Ministry of Finance, signed the MoU on behalf of Bangladesh. Mark Gombert, the country director of GIZ Bangladesh, signed for Germany. The German Government and the European Union will each provide EUR 10 million in grant assistance, totaling EUR 20 million (approximately Taka 277.38 crore) for the project.
The project will be jointly implemented by Bangladesh's Ministry of Housing and Public Works and the Ministry of Environment, Forest and Climate Change. Its primary objective is to advance sustainable construction practices across national, local government, and private-sector industries in Bangladesh.
The project will assist in policy formulation and implementation, bolster public and private stakeholder engagement, and establish mechanisms to ensure quality control and standards for eco-friendly construction materials.
Germany has been a development partner of Bangladesh since 1972, committing approximately EUR 4 billion in financial and technical assistance. Currently, 21 projects are being implemented in Bangladesh with grant assistance of EUR 121.62 million through GIZ.