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

  • Building programmes for Ho Chi Minh City in Vietnam
    June 9, 2014
    Ho Chi Minh City in Vietnam looks set to benefit from 14 infrastructure projects costing a total of US$9.44 billion. One of the key projects will be to improve and repair Luong Dinh Cua Street while another is for the building of the new Ha Noi Expressway-Eastern Ring Road link road. Loan facilities are being provided by the Sai Gon-Ha Noi Commercial Bank (SHB) to Phu My Construction (PMC). The construction programme also includes the Rach Chiec Bridge, five elevated highways and the Southern Ring Road. The
    Read More
  • Malaysia’s West Coast Expressway gets project finances in order
    July 2, 2015
    Malaysia’s West Coast Expressway company has reported that it will inject nearly US$425 million into its West Coast Expressway project. Total cost of the West Coast Expressway, which will stretch 233km between Banting in Selangor state and Taiping in Perak state on the Malaysian peninsula, is expected to be around $1.56 billion. The highway will be built over five years as a build-operate-transfer project with a concession of 50 years, The Star newspaper reported in February 2014.
    Read More
  • Colombia’s massive highway programme is moving forward
    June 13, 2017
    Colombia is pushing ahead with its 4G road development programme. Progress is being made with the construction of the Girardot-Honda-Puerto Salgar road connection, which is expected to cost US$518.6 million and is around 37% complete.
    Read More
  • Bangladesh expressway funding secured
    November 11, 2021
    Funding has been secured for a key expressway project in Bangladesh.
    Read More

Highlighted Content