AIIB Watch Cases

Status: Approved
Timeframe: 2019-2022
Area: Chittagong, Bhola, People's Republic of Bangladesh
AIIB Investment Amount: US$ 120 million
Total Project Cost: US$ 176.6 million
Co-financier: Government: US$ 46.39 million; PGCB: US$ 10.21 million

E&S Category: B

Project Details: This Transmission and Distribution aims to increase the regional power load to 1,400 Megawatt by building more than 46 kilometers of double-circuit transmission line in the Chattogram Ring, surrounding the city, with associated substations and line bays.
Resettlement: The project may be required to take lands from private landowners during the construction of electricity towers.

CSO reports and organizations monitoring: CLEAN (2021): Financing fossil fuels, failing our future

AIIB interactions to date: Publication Dangerous Distractions has been shared with AIIB management and shareholders.

Further information: CLEAN Fact Sheet; AIIB Page

Last update: 31.12.2023