Dhaka, Oct. 1 -- Bangladesh has asked South Korea to expedite its decision on a proposed financing package for Dhaka's metro rail projects.

State Minister for Foreign Affairs Humaiun Kobir made the request during a meeting with a Korea International Cooperation Agency (KOICA) delegation led by Vice-President Doh Young-Ah in Seoul on Thursday.

He sought "early concurrence from the Korean side" on financing for MRT projects in Dhaka alongside the Asian Development Bank, according to a foreign ministry statement.

South Korea is expected to co-finance the southern section of Dhaka's MRT Line-5, a project estimated to cost about $5 billion.

Although Seoul has pledged $1 billion, the financing has yet to be finalised, delaying progress on t...