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

  • Bangladesh’s Padma Bridge faces cost hike
    September 25, 2017
    The cost of the Padma Bridge Project in Bangladesh could rise by around US$173 million, according to a report by the Financial Express newspaper. A Planning Commission official said the money would be needed for compulsory purchase of nearly 2,6700 more hectares. Work started in 2014 and the project is likely to finish by the end of 2018.
    Read More
  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
    Read More
  • Bangladesh expressway tendering opening
    July 9, 2018
    The tender process is opening for a major new expressway project in Bangladesh.
    Read More
  • Kenya highway projects starting
    March 11, 2019
    Construction work is starting on two important road projects in Kenya. These are for the Dongo Kundu Southern Bypass and for the Mau Highway. The Mau highway project is worth US$2 billion and forms part of the route that links Kenya’s key port at Mombasa through its capital Nairobi to the border with neighbouring Uganda. The 180km Nairobi-Nakuru-Mau section of the A104 route will feature two lanes in either direction. The deal is being handled under a package that includes design, financing, maintenance a
    Read More

Highlighted Content