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

  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
    Read More
  • Vietnam-Laos link
    February 29, 2012
    A feasibility study for a new highway connection between Vietnam and Laos is currently the subject of political discussion between the two nations.
    Read More
  • Angola to build highway linking Quilemba and Eywa in Huila province
    November 7, 2014
    Angloa will build a 26km ring road to connect the cities of Quilemba and Eywa in the southwestern province of Huila. The 9m wide road will cost around US$43.24 million and be completed in 18 months, Angola’s national news agency ANGOP reported. The governor of Huila, João Marcelino Tyipinge, announced the project in Lubango, capital city of the province. Anglo recently announced that the final stretch of the road from the national capital Luanda on the southern coast to the strategic city of Soyo in the
    Read More
  • Mexico highway concession open for bids
    June 26, 2020
    A series of highway works are now open for bids in Mexico.
    Read More

Highlighted Content