DHAKA, BANGLADESH – The Asian Development Bank (ADB) today launched an essay competition for graduate and post-graduate students in Bangladesh.
The topic of the essay is “Transforming Bangladesh into a Developed Country by 2041: Role of ADB”. The competition forms part of ADB’s 50th anniversary celebrations.
“The competition aims to harness the views of the youth on how ADB can contribute better to the development efforts by the government and people of Bangladesh,” said Kazuhiko Higuchi, Country Director for ADB’s Bangladesh Resident Mission.
Participants are invited to submit an originally written essay in English within 1,000 - 1,200 word limit, excluding references. Students currently studying in graduate or post-graduate level at any educational institution in Bangladesh can participate in the competition, with each participant submitting only one entry.
The first prize for the competition is $500, while the second and third prize winners will get $300 and $200, respectively.
Entries must be sent to: [email protected] by 12 noon Bangladesh time, 10 November 2016. Entries received after the deadline will not be considered.
Entries will be evaluated by ADB. Relevance to the competition theme (ADB’s role in development of Bangladesh by 2041), analytical skills, visionary thinking, creativity, originality, and English skills are key factors in the selection process.
Bangladesh joined ADB in 1973. As of 31 December 2015, ADB’s cumulative lending to Bangladesh stood at $17.2 billion for 259 loans, while the technical assistance amounted to $244.55 million for 411 projects. A total of $787.10 million was provided for 35 grants. As of 30 September 2016, ADB’s projects under implementation for Bangladesh comprised 83 loans and grants amounting to $6.7 billion; and 28 technical assistance projects amounting at $26.2 million. ADB focuses its cooperation in Bangladesh on six sectors—energy; transport; water and other urban/municipal infrastructure and services; education; finance; and agriculture, natural resources, and rural development. In 2015, ADB approved loans, totaling $1,155 million, for Bangladesh.
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, ADB in December 2016 will mark 50 years of development partnership in Asia. It is owned by 67 members—48 from the region. In 2015, ADB assistance totaled $27.2 billion, including cofinancing of $10.7 billion.