Bangladesh, Dhaka, Feb. 1 -- The Bangladesh government signed a $500 million financing agreement with the World Bank (WB) on Monday to help upgrade the western region of the country.

Under the programme titled 'Western Economic Corridor and Regional Enhancement (WeCARE) Program Phase I' the Jashore-Jhenaidah highway will be upgraded and the connecting rural roads and markets will be improved.

The project will help to upgrade the 48 KM two-lane Jashore-Jhenaidah road to a modern 4-lane highway and benefit over 20 million people living in the western region, said a press release of the WB.

The project will also help rehabilitate about 600 km connecting rural roads and build new or develop existing rural markets.

It will also install fib...