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Wednesday, 08 February 2012

Donors to provide $2.3 billion for Padma Bridge

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Reported by: UNBconnect
Reported on: September 02, 2010 21:39 PM
Reported in: Business
News - Donors to provide $2.3 billion for Padma Bridge
Dhaka, Sep 2 (UNB) - Donors including the World Bank, the Asian Development Bank, JICA, Islamic Development Bank and the Abu Dhabi Fund will provide $2286.40 million (nearly $2.3 billion) for the
construction of the much awaited Padma Bridge.

Of the amount, the World Bank would provide the biggest chunk, some $1200 million at the lowest rate, as revealed at the 15th meeting of the Parliamentary Standing Committee on the Communications Ministry held at the Sangsad Bhaban.

Chaired by committee chairman Sheikh Mujibur Rahman, committee member and Communications Minister Syed Abul Hossain, M Zillul Hakim, Nazrul Islam Manju, M Abu Zahir, and M Golam Moula Roni attended the meeting.

The meeting was informed that the Bridges Division would start the construction work of the Bridge by January, 2011 and would complete the works by 2013.

The meeting was also informed about the progress of the work on upgrading the Dhaka-Chittagong highway into four lanes and recommended the works be completed maintaining its standards.

Roads and Railways Division Secretary M Mozammel Haque Khan, Bridges Division Secretary Mosharraf Hossain Bhuiyan and other high officials were present at the meeting.
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