Skip to main content

Elevated expressway underway in Bangladesh

The Bangladesh Government has announced the winner of the bidding process for its huge elevated highway project in Dhaka.
February 29, 2012 Read time: 2 mins
The Bangladesh Government has announced the winner of the bidding process for its huge elevated highway project in Dhaka. This US$1.32 billion project will be built by 1042 Italian-Thai Development (ITD), a Thailand-based contractor, is to build the four-lane expressway. The new link will be 26km long. The project will receive financial aid from the 2332 World Bank (WB) and the 943 Asian Development Bank (ADB) and will be 30% owned by the 1043 Bangladeshi Government.

The new link will reduce congestion and travel times across Dhaka, as well as boosting safety for vehicle users. Bangladesh is also intending to build an elevated expressway stretching 10km in the northern part of the country, and a highway with links to neighbouring Bhutan, Southwest China, Eastern India, Myanmar, Thailand and Nepal.

The Bangladesh Government has announced the winner of the bidding process for its huge elevated highway project in Dhaka. This US$1.32 billion project will be built by Italian-Thai Development (ITD), a Thailand-based contractor, is to build the four-lane expressway. The new link will be 26km long.

The project will receive financial aid from the World Bank (WB) and the Asian Development Bank (ADB) and will be 30% owned by the Bangladeshi Government. The new link will reduce congestion and travel times across Dhaka, as well as boosting safety for vehicle users. Bangladesh is also intending to build an elevated expressway stretching 10km in the northern part of the country, and a highway with links to neighbouring Bhutan, Southwest China, Eastern India, Myanmar, Thailand and Nepal.

For more information on companies in this article

Related Content

  • New Tajikistan highway secures funding
    May 9, 2019
    A new highway project in Tajikistan has secured a funding package worth US$350 million in all.
  • 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
  • Has the promised investment happened?
    July 10, 2012
    At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
  • India’s rural roads to benefit from new programme
    February 6, 2018
    A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to