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

  • Costa Rica highway project on track
    December 10, 2014
    Construction of the Interamericana Norte highway in Costa Rica is said to be proceeding on track. Work is being carried out on the 50km Canas-Liberia section of the project. The Ministry of Public Works and Transport (MOPT) says that studies for the Canas-Limonal stretch of the new highway have been completed. The studies will then have to be submitted before the country's road authority Conavi to commence the tender process. A contract is expected to be granted by the middle of 2015. Funding could be provi
    Read More
  • Alabama bridge and highway project gets clearance
    September 2, 2019
    Environmental clearance has been awarded by the US Federal Highway Administration (FHWA) for the Interstate 10 Mobile River Bridge and Bayway project.
    Read More
  • Stockholm Bypass project faces delays
    April 27, 2022
    The Stockholm Bypass project is facing delays.
    Read More
  • Land costs push up the price tag of the Dhaka-Chittagong Expressway
    August 23, 2018
    Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports. Under the project, the highways directorate has already widened 190km of the two-lane highway to four-lanes and constructed three flyovers. The sources also said now the agency has estimated the cost for constructing the full 217km at nearly US$2.4 billion without land acquisition cost.
    Read More

Highlighted Content