Dhaka, Sept. 20 -- Nearly US$11 billion worth of ADB-funded development projects in Bangladesh are up for reappraisal shortly as many of those are down-rated as "problematic" and "slow-going", officials say.

The Asian Development Bank (ADB) has selected at least 16 such underperforming projects found struggling for implementation delays at different stages of works.

A tripartite review meeting (TPRM) is going to be held on September 30 in Dhaka, an Economic Relations Division (ERD) official said Friday.

The ERD, public agencies involved with the project execution and the Manila-based lender will sit for the TPRM for examining the status of the projects and way forward to eliminate the implementation setbacks, he told The Financial Expr...