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 bridges for Belgrade
    February 27, 2012
    Work is now underway in Serbia to build a new bridge over the Danube River.
    Read More
  • Major bridge widening project going to plan
    May 2, 2012
    When built it was determined that a vital US road/rail bridge would always be widened.
    Read More
  • Israel highIsrael highway franchise deal signedway franchise deal signed
    October 30, 2018
    A joint venture comprising Shapir Engineering and Impresa Pizzarotti has been awarded the franchise for Israel’s Highway 16. The deal is worth some US$275.6 million and involves building and operating the route over a 25-year concession. The package of works was awarded to the joint venture by the Israeli Government and the work involves building a 5km link that will join the existing Highway 1 with Jerusalem’s southern and western suburbs. The project also includes building two tunnels and three interchang
    Read More
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
    Read More

Highlighted Content