DHAKA, Sept 8, 2018 (BSS) – Prime Minister Sheikh Hasina is expected to
inaugurate a regional head office of the Islamic Development Bank (IsDB) –
Regional Hub – at a function to be held at Hotel Radisson in the capital
IsDB President Dr Bandar MH Hajjar, who is now on a five-day visit here,
will attend the opening ceremony of the regional head office of the Jeddah-
based multilateral development partner.
The Islamic Development Bank currently operates a field representative
office in Bangladesh.
Establishment of the regional hub in Dhaka is expected to give a major
push to the IsDB activities in Bangladesh as well as help speed up its
At present, the Dhaka office needs to take final nod from its Jeddah
headquarters for conducting its activities in Bangladesh.
A regional hub manager will lead the Dhaka headquarters, which will cover
three IsDB member countries — Bangladesh, the Maldives and Afghanistan — as
well as a number of non-member countries like India and Myanmar.
Since beginning its journey in 1975, the IsDB has 57 shareholding member