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

  • Golden route to success
    July 20, 2012
    Built in 1937 and still the ninth longest suspension bridge in the world, the Golden Gate Bridge across San Francisco Bay remains in fine shape despite its age - Andrew Bardin Williams writes The Golden Gate Bridge turned 75 years old on May 27 and continues to play a key role in the transportation, engineering, construction and ITS communities. The structure has played an important historical role, an engineering success that boosted the economy of the region. And it also led the way as the first major pub
    Read More
  • Successful resurfacing at New York's JFK Airport
    February 8, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
    Read More
  • Nepal setting plans for major new highway project
    September 19, 2014
    The Nepalese Government is opening up an expression of interest process that will generate a shortlist to carry out the Kathmandhu-Terai/Madhes Fast Track Road project. The new Kathmandhu-Nijgadh expressway will run for 76km and its construction will involve building a twin tube tunnel 1.35km long and eight bridges. The project will be carried out under the PPP model and construction costs are likely to be in the region of US$844 million. Nepal may well look to neighbouring China for at least a portion of t
    Read More
  • Successful resurfacing at New York's JFK Airport
    May 3, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
    Read More

Highlighted Content