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

  • 30% increase in cost expected for Bangladesh’s Padma Bridge project
    June 15, 2012
    The price of building the Padma Bridge in Bangladesh could rise by 30% due to the depreciation of the taka against the US dollar and rising construction material prices. The bridge had been most recently forecast to cost US$2.9billion, with budgets previously having risen two-fold from the US$1.22billion funding package approved in 2007 by Bangladesh’s Executive Committee of the National Economic Council (ECNEC).
    Read More
  • Major Russian bridge projects underway
    December 13, 2017
    A series of major bridge projects are underway in Russia, in the Krasnodar Region, Novosibirsk and the Surgut District. A new bridge being built in the Krasnodar Region is expected to be open to vehicle traffic at the end of 2018. Work on the bridge supports is being completed at present and work on the deck is now underway. The bridge will also carry rail traffic from the end of 2019. Meanwhile in Novosibirsk, construction is commencing on a new bridge spanning the Ob River. This will be the fourth bridge
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More
  • Traffic control to beat congestion
    November 6, 2012
    Max Lay discusses how congestion has posed problems throughout history from early civilisation to the present day One of the earliest known human settlements was at the Springs of Elisha at Jericho. Inevitably, locals collecting fresh water from the springs would encounter other water carriers. When a path was too narrow, or access to it was too limited, or it crossed another path, some carriers would find it necessary to stand aside for others. Priority in such cases might be based on common courtesy and p
    Read More

Highlighted Content