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On April 8, 2025, Mr. Vladimir Kazbekov, Vice-President and Chief Operating Officer of the New Development Bank (NDB) had a meeting with Dr. Muhammad Yunus, Chief Advisor of Bangladesh.

During the meeting held at the State Guest House Jamuna in Dhaka, the parties engaged in an in-depth discussion about opportunities for cooperation between the NDB and Bangladesh.

Dr. Muhammad Yunus warmly welcomed the efforts undertaken by the New Development Bank in Bangladesh as well as NDB’s expanding engagement with Bangladesh, emphasizing the vital role of multilateral financing in driving national development. He highlighted that the role of multilateral institutions such as NDB is critical in helping countries like Bangladesh build sustainable and inclusive infrastructure.

In his remarks, Mr. Vladimir Kazbekov emphasized that the New Development Bank is fully committed to working closely with Bangladesh, supporting infrastructure and sustainable development projects in alignment with its national development objectives and commitments under the UN SDGs.

“Bangladesh is a valued shareholder in the Bank, and we are eager to establish a robust partnership to aid your country’s transition to middle-income status,” said Mr. Vladimir Kazbekov. “Our focus aligns with Bangladesh’s priorities in clean energy, transport, water and sanitation, environmental protection, and digital infrastructure.”

“New Development Bank is committed to supporting Bangladesh in its development journey. We are looking to increase our footprint not only in public infrastructure but also in the private sector,” noted Mr. Vladimir Kazbekov. NDB is targeting USD 1 billion in approvals for infrastructure and sustainable development projects in Bangladesh, while focusing on enhancing the Bank’s project pipeline in the country, said NDB VP & COO.