Dhaka, Oct. 11 -- Most Japan-funded projects and investment plans in Bangladesh have lost momentum since the interim government took office, as officials admit there is little room to move things forward before a new administration is in place.

With national elections approaching, Japanese investors and development partners appear to be taking a cautious 'wait-and-see' approach, holding back on fresh commitments until the political landscape becomes clearer.

People involved in several key projects say progress has ground to a halt, from two mass rapid transit (MRT) lines to the operation of Hazrat Shahjalal International Airport's new third terminal, mainly because of funding uncertainties and unresolved negotiations, even though both g...