During the trip, President Nakao will meet with Prime Minister Sheikh Hasina, Finance Minister Abul Maal A. Muhith, and other senior officials. He will also visit selected ADB-assisted projects in Bangladesh in the power, education, urban infrastructure, and rail transport sectors.

Bangladesh joined ADB in 1973, and in 1982 became the first ADB member to host a field office. To date, more than $20 billion in ADB loans, grants, and technical assistance has been approved for the country. Approved nonsovereign loans, equity investments, and guarantees have totaled $985.28 million.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members—48 from the region.