Bangladesh elevated highway project faces problems

A major project in Bangladesh now looks to be delayed following financing issues. The project to construct the Dhaka Elevated Expressway was to have been carried out by the contractor, Italian-Thai Development (ITD).
June 21, 2017 Read time: 1 min

A major project in Bangladesh now looks to be delayed following financing issues. The project to construct the Dhaka Elevated Expressway was to have been carried out by the contractor, Italian-Thai Development (ITD). However the contractor was unable to secure all the financing required for the work, which had an estimated price tag of around US$990 million. The Bangladesh Bridge Authority (BBA) is now considering its options for the project while all the legal implications have also to be evaluated. Some site development work and piling has already been carried out.

Road Structures Finance & Funding

Related Content

  • Elevated thinking
    July 30, 2019
    A Swiss-designed system for the diversion of traffic away from road maintenance crews could be revolutionary, reports David Arminas Switzerland will soon tender for companies to build and supply a mobile system for physically shifting traffic away from bridge and road maintenance crews. The federal highways agency - FEDRO - will be asking manufacturers of heavy equipment to submit bids starting this summer for the Astra Bridge system. The system will be two lanes wide and include ramp sections at e
    Read More
  • Polish road dispute
    February 28, 2012
    A string of legal and political battles look likely in the aftermath of a broken highway contract in Poland.
    Read More
  • Vietnam’s north-south highway project gathers pace
    May 26, 2017
    The proposed north-south highway project in Vietnam is gaining traction, with financing options now being considered. The Vietnamese Government is investigating a suggestion by the country’s central bank that local funding could pay for the building of the 1,372km route. However securing financing from the private sector for major projects has become more difficult in recent times. The project is expected to cost in the region of US$13.9 billion to construct and looks likely to be built using a PPP model.
    Read More
  • A new highway for northern Colombia
    July 17, 2023
    The Pamplona-Cúcuta highway is playing an important role for the development of northern Colombia
    Read More

Highlighted Content