Categories: International

World Bank introduces its initial plan to enhance road safety in South Asia

The World Bank (WB) has initiated its first-ever project dedicated solely to road safety in South Asia, with a financial agreement of USD 358 million signed with the government of Bangladesh in Dhaka.

Aim:

  • The project aims at reducing fatalities and injuries caused by road crashes in high-risk highways, district roads and selected cities.

  • The project will focus on two national highways in Bangladesh, namely Gazipur-Elenga (N4) and Natore-Nawabganj (N6).

What will all be covered in the World Bank Road Safety Project?

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Important Takeaways For All Competitive Exams:

  • World Bank President : Ajay Banga assumed office as the 14th President of the World Bank Group on June 2, 2023, following his selection for the position. Prior to his new role, he held the position of Vice Chairman at General Atlantic.
  • World Bank Headquarter: Washington D.C

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Sumit Arora

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