Contractors plan building Bangladeshi expressways

Plans are moving ahead in Bangladesh for a series of new elevated expressways that will be constructed in capital Dhaka. Chinese contractor China Railway Construction Corporation and Ital-Thai Development Corporation have signed an agreement that will see the two firms working jointly on the expressway project. A budget of US$172.55 million has been set for the work. The expressways are being elevated so as to minimise risks from flooding and also so as to minimise the amount of land required for their cons
August 27, 2014 Read time: 1 min

Plans are moving ahead in Bangladesh for a series of new elevated expressways that will be constructed in capital Dhaka. Chinese contractor 6590 China Railway Construction Corporation and Ital-Thai Development Corporation have signed an agreement that will see the two firms working jointly on the expressway project. A budget of US$172.55 million has been set for the work. The expressways are being elevated so as to minimise risks from flooding and also so as to minimise the amount of land required for their construction.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • New India coastal highway planned
    February 3, 2015
    A new coastal highway is being planned in India that will connect the north and south of Mumbai. The project is being planned jointly by the Maharashtra State Government and the Brihanmumbai Municipal Corporation (BMC). The US$1.38 billion Nariman Point-Kandivli road project will stretch some 36.5km. The work includes the need to reclaim some 110ha of land, for which a proposal by BMC has been approved by the Maharashtra Coastal Zone Management Authority. The agreement requires that this area of land can on
    Read More
  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Subaru ventures into China
    November 8, 2012
    Fuji Heavy Industries (FHI), parent company of Subaru Industrial Power Products, has signed an agreement creating a joint venture company in Shanghai, China. The agreement, signed in partnership with Toyota Tsusho (China) Co. Ltd, was due to lead to Subaru Industrial Power Products of China Co. Ltd starting full trading from September 2012. Subaru’s investment and expansion in the Chinese market is said to be a strategic move to stay ahead of the growing demand for industrial products in the country. In ad
    Read More
  • Funding for Indonesia’s new capital
    February 6, 2025
    Funding is being secured for the construction of Indonesia’s new capital.
    Read More

Highlighted Content