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

  • Highway developments in India
    April 13, 2012
    A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway.
    Read More
  • Major Indian highway projects
    February 17, 2012
    Planning is underway in India on key highway projects in the states of Gujarat and Rajasthan as well as a new link to connect the latter to capital Delhi.
    Read More
  • IRF strives for improved road safety
    November 1, 2012
    The latest in the series of major road safety conferences hosted by IRF’s India Chapter will take place in New Delhi from 1-2 November 2012, with the focus on Urban and Rural Roads Each day, thousands of people are injured or killed on roads around the world. According to the World Bank, “the social and economic losses from road deaths and injuries in low and middle-income countries are projected to be on a catastrophic scale. . .” Globally, road injuries and deaths are due to a number of factors. This unde
    Read More
  • Nepal's bridge building benefits from bank input
    February 15, 2012
    Nepal's transport network is to benefit from investment worth US$100 million, with a substantial portion being provided by the World Bank (WB).
    Read More

Highlighted Content