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

  • Zimbabwe highway project linking with its neighbours
    November 28, 2016
    Zimbabwe’s Beitbridge to Chirundu highway link now looks set for a complete upgrade. The project has been planned for over 10 years but has faced a series of setbacks and delays, with funding having proved one of the biggest stumbling blocks in the past. The 897km highway runs from Beitbridge, located on the border with South Africa in the south of Zimbabwe all the way up to Chirundu, which is just over the border with Zambia in the north. The route includes part of the A4 highway in the south and the A1 hi
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • Ecuador road and bridge plan moving ahead
    March 9, 2020
    Plans are moving ahead in Ecuador for a key road and bridge project.
    Read More
  • Bosnia bore complete
    April 25, 2012
    The contractor driving the 2.1km tunnel on Bosnia’s Gacko-Foca highway has completed the necessary excavation work and is now starting on finishing the lining of the bore. This tunnel is due to open to traffic in late 2012 and some of the €37 million financing for this work has come from the government of the autonomous entity Republika Srpska. The tunnel is one of two on the route, which also features two bridges and a viaduct. Bosnian contractor Integral Inzinjering has been working on the tunnel.
    Read More

Highlighted Content