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

  • Bangladesh’s Padma Bridge faces cost hike
    September 25, 2017
    The cost of the Padma Bridge Project in Bangladesh could rise by around US$173 million, according to a report by the Financial Express newspaper. A Planning Commission official said the money would be needed for compulsory purchase of nearly 2,6700 more hectares. Work started in 2014 and the project is likely to finish by the end of 2018.
    Read More
  • India’s new highways under construction
    October 12, 2016
    Construction work is proceeding ahead of schedule for the new Delhi expressway project in India. This US$862 million project now looks likely to be ready for traffic by August 2017. The National Highways Authority of India (NHAI), originally planned for the Delhi Eastern Peripheral Expressway to be completed by July 2018. Work on the 135km project started in May 2016. The highway project is a novel development for India as it will be the first in the country to be solar powered. It will also feature around
    Read More
  • Polish project causes further legal headaches
    February 28, 2012
    The long tale of woe concerning Poland's troubled A2 highway project looks set to continue with the latest developments in the case.
    Read More
  • Major tunnel project underway in Bangladesh
    March 1, 2019
    A major tunnel construction project is now underway in Bangladesh, the first tunnel in the country to be constructed under a river.
    Read More

Highlighted Content