Dhaka, Feb. 7 -- The Asian Development Bank (ADB) is likely to provide the second-tranche loan worth US$300 million for the long-delayed Dhaka-Sylhet Highway construction project, which has been struggling for five years, officials said on Friday.

"We are going to sit in negotiations with the ADB on February 9 to secure the second tranche of the loan. The bank has already given us a green signal to provide $300 million for construction of the six-lane road," said a senior official of the Economic Relations Division (ERD).

The $2.69-billion road project has faced prolonged delays and is now scheduled for completion in December 2026, though meeting the deadline appears increasingly unlikely.

Five years after its launch, the Dhaka-Sylhet ...