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India will invest $10 bn in Bangladesh, also offers $5 bn loan

India is going to invest up to $10 billion in Bangladeshi sectors including infrastructure and medicine and is going to provide $5 billion in loans that includes $500 million military assistance says Prime Minister Sheikh Hasina on Tuesday.

She said that “The offers of investment and loans were given by the Indian government and private entrepreneurs during her visit to New Delhi.”

She said further “Both investments and credit will be used for development of several sectors including power and energy, logistics, education, medical, infrastructures and rail, road and waterways.”

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