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

  • Plans for Chile-Argentina tunnel progressing
    August 14, 2014
    Successful talks have been held between Chile and Argentina regarding the planned Agua Negra road tunnel that will link the two countries. Further talks will be carried out with regard to financing the project but these look set to be completed towards the end of August 2014, according to a report from Business News Americas. One option is for Argentina’s Government to pay for the construction with the costs being recovered through tolling but other financing solutions have also been discussed. The Agua Neg
    Read More
  • Vietnam’s North-South Expressway sections
    March 24, 2025
    Key sections of Vietnam’s North-South Expressway are nearly complete.
    Read More
  • Make the case for electronic tolling, ASECAP conference delegates heard
    September 14, 2015
    Mobility pricing and electronic tolling is the future, delegates to a recent ASECAP Study Days conference, reports Geoff Hadwick at the Lisbon event. The international road tolling industry is failing to make its case and the sector is losing out to other social and political lobby groups. As a result, “tolling is still on the sidelines”, according to the head of the Washington-based International Bridge, Tunnel and Turnpike Association. IBTTA chief executive Pat Jones issued his stark warning at the
    Read More
  • Formwork developments in bridge construction
    February 23, 2012
    Major infrastructure projects worldwide are relying on innovative formwork solutions for speed and safety as Patrick Smith reports. The 970m long cable-stayed Golden Ears Bridge crossing the Fraser River in Vancouver, Canada, is the core element of a six-lane, highway project near the Canadian west coast.
    Read More

Highlighted Content