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.

Finance & Funding

Related Content

  • New Ohio River Bridge project
    April 9, 2021
    Work is planned for the new Ohio River Bridge project.
    Read More
  • Costs cut for key Bangladesh highway project
    April 12, 2017
    The cost of a major highway project being carried out in Bangladesh has been reduced significantly. The 192km highway connecting capital Dhaka with Chittagong will now cost US$427.8 million, instead of the $$475.1 million originally expected. Reductions in the costs of materials have helped lower the overall pricetag for the project, while the fact that the work has remained within schedule means there has been no need for the contingency funds that were forecast. The highway is expected to open to traffic
    Read More
  • Chinese mega tunnel project planned
    October 20, 2017
    Plans are being drawn up in China for a new mega tunnel project in Guangdong Province. Details of the project, to connect Shenzhen and Zhongshan, have been released by the official Chinese news agency Xinhua. The 6.8km undersea stretch of tunnel will carry eight lanes, making it the world’s widest undersea road tunnel.
    Read More
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
    Read More

Highlighted Content