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

  • Acrow Bridge seals deal for 144 modular bridges in Zambia
    August 11, 2015
    Acrow Bridge, an international bridge engineering and supply company, announced that it will start by the end of the year on a 144-bridge infrastructure project in Zambia. The work will be carried out exclusively by Zambian engineers, technicians and contractors who will be trained in the field by Acrow technicians on the assembly and installation of the bridges. Acrow said it is working with the Road Development Agency of the Republic of Zambia.
    Read More
  • Belarus opts for a PPP road scheme
    August 12, 2019
    Belarus has started pre-qualification for what will be the country’s first public-private partnership – the M-10 motorway upgrade. David Arminas reports "There’s a little bit of almost everything in this project,” said Steve Gilpin, technical team leader and associate of engineers Ove Arup & Partners International. True to his word, there is. That was how Gilpin kicked off his presentation about Belarus’s planned M-10 motorway project to 180 international bankers, private investors, contractors and en
    Read More
  • Malaysian expressway project awarded
    December 15, 2014
    The project to construct Malaysia’s West Coast Expressway deal has been awarded to a major contractor. Under the terms of the deal, the project will be carried out by the IJM-Kumpulan Europlus joint venture. The five year contract is expected to cost in the region of US$1.44 billion to carry out. When complete the new expressway will cut journey times between Taiping and Banting.
    Read More
  • $5.16 billion for two Philippines’ expressways
    February 21, 2025
    US$5.16 billion will be spent on two expressways in the Philippines.
    Read More

Highlighted Content