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

  • Armenia north-south highway route
    October 9, 2017
    Plans are being drawn up in Armenia for the new North-South Highway project. Measuring some 556km in all, the project is expected to cost in excess of US$2 billion to construct, although there it is possible that the final pricetag will be somewhat higher. The country's Ministry of Transport says that the southern section of the highway between Artashat and Megri will cost $1.5 billion to build alone.
  • Vietnam highway construction project facing halt
    March 5, 2020
    A Vietnam highway construction project is facing a halt to works.
  • Bangladesh bridge building budget insufficient?
    May 8, 2018
    The budget for Bangladesh’s Padma Bridge project may have to be increased. A further US$168.7 million has been requested for the project by the Ministry of Road Transport & Bridges. This additional funding would help pay for additional land on which dredged materials could be tipped. However, Bangladesh’s Implementation, Monitoring & Evaluation Division is opposing the call for extra funds.
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation