A key bridge project in Bangladesh will be financed by loans from Malaysia

Work on a key bridge link in Bangladesh is to be financed by a loan provided by Malaysia. The Bangladesh Government and Malaysian Government have signed a memorandum of understanding for the construction of Padma bridge.
April 11, 2012 Read time: 1 min
RSSWork on a key bridge link in Bangladesh is to be financed by a loan provided by Malaysia. The Bangladesh Government and 3491 Malaysian Government have signed a memorandum of understanding for the construction of Padma bridge. Under the terms of this deal Malaysia looks set to provide a US$2.2 billion loan for the project. Work is starting during and is expected to take just 54 months to complete. The construction will be carried out by a consortium comprising five contractors, although the names of the companies concerned has not yet been released.
Road Structures

For more information on companies in this article

Related Content

  • Private consortium to finance Melbourne's Peninsula Link highway
    July 13, 2012
    Not long after the recent completion of the successful EastLink project (a 39km motorway providing a vital connection for 1.5 million people in Melbourne, Australia) the Victorian Government has started work on another missing link in Melbourne's freeway network further south with the construction of Peninsula Link. Peninsula Link is a key project in the Victorian Government's AUD$38 billion (US$32 billion) Victorian Transport Plan. With a AUD$750 million (US$630 million) price tag, the project is expected
    Read More
  • Funding established for Egyptian highway
    May 21, 2012
    Funding is being established for the Shoubra-Banha highway project planned for Egypt. The National Bank of Egypt is bringing together a consortium of lenders that will provide the syndicated loan required. The Shoubra-Banha highway project is planned by the Egyptian Transportation Ministry. A memorandum of understanding (MoU) has been signed between the General Authority for Roads, Bridges and Land Transport and the National Bank of Egypt. Construction of the 40km stretch of highway, which will carry 125,00
    Read More
  • Malaysia boosting transport infrastructure
    August 30, 2022
    Malaysia is boosting its transport infrastructure.
    Read More
  • Work to go ahead on Bangladesh expressway
    February 23, 2012
    Work on a new elevated expressway is now due to commence in Bangladesh. The project will be carried out by Italian-Thai Development (ITD).
    Read More

Highlighted Content