Work to go ahead on Bangladesh expressway

Work on a new elevated expressway is now due to commence in Bangladesh. The project will be carried out by Italian-Thai Development (ITD).
February 23, 2012 Read time: 1 min
Work on a new elevated expressway is now due to commence in Bangladesh. The project will be carried out by 1042 Italian-Thai Development (ITD). The agreement is for a 25 year concession deal with the 1049 Bangladesh Bridge Authority (BBA). The project is worth US$1.25 billion and is being carried out under the PPP model. The construction phase is expected to be complete within a three year timeframe. The project will be financed using bank loans as well as by ITD and its partners. ITD is in discussions with 2332 World Bank, the 1053 Export-Import Bank Of Thailand, the 943 Asian Development Bank and 1055 Standard Chartered to finance the project.
Road Structures

Related Content

  • Innovative road/drainage tunnel plan for Jakarta
    February 16, 2015
    An innovative combined road and drainage tunnel is being proposed for Indonesia’s capital Jakarta. A study is underway at the moment for this novel integrated tunnel project, which is expected to cost in the region of US$1.88 billion. Work is due to commence during 2015, with the initial phase of the construction being carried out by Antaredja Mulia Jaya. The project is calling for two 12km tunnels that will help alleviate flooding in the city during periods of high rainfall as well as featuring a road. The
    Read More
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
    Read More
  • Italian firms’ more global vision
    February 22, 2013
    At a diminished Asphaltica exhibition, many of Italy’s asphalt sector companies spoke of the importance of overseas markets. Kristina Smith spoke to some of the firms seeking export success. Italy’s 6th Asphaltica show, held in Padua in November last year, provided a snapshot of the challenging economic conditions faced by the country. 2012 was the year when Italy felt the impact of the economic crisis which many other European countries had already suffered. Reflecting this, the exhibition was half the siz
    Read More
  • New barrier, crash cushion and access control technology will benefit road user safety
    October 26, 2012
    Protecting road users, with barriers, crash cushions or access control systems, is crucial for network safety - Mike Woof writes Tough regulations are now in place in Europe and the US, requiring road authorities to provide safer road infrastructure than in the past. Technologies to reduce the severity of vehicle impacts against obstructions or redirect vehicles into the roadway should help cut injuries amongst drivers and passengers alike. The specifications for the use of crash cushions and barriers can v
    Read More

Highlighted Content