Skip to main content

Bangladesh-China bridge receives funding

Funding has been found for the new bridge that will connect Bangladesh with China. Called the Friendship Bridge, the project has been the subject of negotiations between the two countries. Funding worth US$83 million is being provided by China to pay for the construction of the new link, the ninth connecting the two countries. To date the construction of seven Bangladesh-China Friendship Bridge links have been funded by China. The eighth bridge link is under construction at present and will span the Kocha R
May 17, 2017 Read time: 1 min

Funding has been found for the new bridge that will connect Bangladesh with China. Called the Friendship Bridge, the project has been the subject of negotiations between the two countries. Funding worth US$83 million is being provided by China to pay for the construction of the new link, the ninth connecting the two countries. To date the construction of seven Bangladesh-China Friendship Bridge links have been funded by China. The eighth bridge link is under construction at present and will span the Kocha River.

Related Content

  • Uganda road projects funding sought
    February 6, 2017
    The Ugandan Government has unveiled plans to improve its road connections with its northern neighbour South Sudan. To fund the construction project, the Ugandan Government has been seeking a loan worth US$210 million from the Islamic Development Bank (IDB). The terms of the loan arrangements have yet to be revealed however. The aim of the project is to improve the road link running through Rwekunye, Apac, Lira and Acholibur. Better transport links form part of a much wider programme of integration between E
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • China’s massive new highway projects unveiled
    May 19, 2017
    Plans for massive highway construction projects have been unveiled in China. A 451km highway has been announced that will connect the cities of Yibin an Panzhihua. This is expected to cost as much as US$12 billion, with two firms carrying out the project under the build-operate-transfer model. Construction is due to commence later this year and is expected to take five years to complete. Meanwhile in Yunnan Province, the authorities are planning two highway projects worth a total of $3.75 billion. A new 50k
  • Costa Rica flyover project due for completion
    May 20, 2019
    The first section of a key road project in Costa Rica will be completed in late 2019. The work is for the 2.25km-long flyover on the Northern Ring Road (Circunvalacion Norte). This first section being opened will provide a connection between the Leon XIII and the Calle Blancos routes. The first four stages of the Circunvalacion Norte project are costing around US$163 million to construct, with the flyover stretch being the most costly and complex portion of the work. Funding from the Central American Bank