Skip to main content

Costs climb for Bangladesh highway

Cost increases have hit the construction of a new highway in Bangladesh. The highway will connect capital Dhaka with Mymensingh. The 87km highway was originally expected to cost US$128 million. However, it now looks set to cost close to $237 million. The project has been beset by delays. The lead contractors for the project are Metallurgical Construction Company of China (MCCC) and Major Bridge Engineering Company (MBEC).
October 30, 2013 Read time: 1 min
Cost increases have hit the construction of a new highway in Bangladesh. The highway will connect capital Dhaka with Mymensingh. The 87km highway was originally expected to cost US$128 million. However, it now looks set to cost close to $237 million. The project has been beset by delays. The lead contractors for the project are Metallurgical Construction Company of China (MCCC) and Major Bridge Engineering Company (5718 MBEC).

For more information on companies in this article

Related Content

  • Tenders and financing for Serbian highways
    November 22, 2013
    The Serbian Government is considering a loan from China’s Export-Import Bank, which would pay for the construction of the E-763 highway. The bank looks set to give its approval for the €223 million loan, which would pay for 90% of the construction work for the E-763, or Obrenovac-Ljig, highway. The loan would be approved over a 20 year repayment period and a five year grace period at the fixed rate of 2.5%/year. Meanwhile tendering will open for completion works on Serbia’s Pirot-Dimitrovgrad highway unti
  • New bridge planned for key Indonesia link
    July 22, 2013
    A feasibility study worth US$199 million will be carried out for the planned Sunda Straits Bridge in Indonesia. The bridge itself is expected to cost close to $20 billion to construct. It will be of major economic importance for Indonesia by providing a direct road link between the islands of Sumatra and Java. The link will connect Sumatra directly to Indonesia’s capital, Jakarta, and the bridge is expected to be 27km long in all. The Sunda Straits Bridge will actually be a series of links connecting the sm
  • Two highway projects for Bangladesh
    November 3, 2017
    Work is starting on two major highway projects in Bangladesh. The two have a combined value of US$674.3 million. One project is for an 8.5km long embankment with pumps for flood protection and should be complete at the end of 2020. This embankment will also feature a four lane roadway that will connect Chaktai with the Kalughat Bridge. The other project is for a 16km long elevated highway that will connect with Chittagong’s main airport. Intended to reduce travel times and congestion, this link should also
  • Turkish firm wins Russia road, bridges and tunnel deal
    August 9, 2017
    A new road project is planned for Ufa, capital of Bashkortostan, which is part of the Russian Federation. A partnership between Turkish contractor Limak Holding and Russian firm VTB Capital will handle the project, which is expected to cost US$570 million. The project will see the construction of a 12.5km long highway and includes the construction of a 1.25km tunnel section as well as 2.6km of bridge stretches over a four year period. The partners have set up a joint business, Bashkir Concession Company, to