Skip to main content

Costs cut for key Bangladesh highway project

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
April 12, 2017 Read time: 1 min
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 in June 2017.

Related Content

  • Czech Republic troubled tunnel delays
    April 26, 2017
    The project to construct the Blanka Tunnel in Czech capital Prague is over budget and behind schedule. So far the project to construct the 6km link has cost Prague council €1.37 billion so far. When complete the final pricetag is expected to be €1.48 billion. The link was originally intended to open to traffic in September 2015. However a string of problems have delayed the project and a final completion date has still to be revealed.
  • The need to repair and replace the world's bridges
    March 13, 2012
    The future of Scotland's Forth Road Bridge is posing serious questions with a wide potential impact for the transportation sector.
  • The need to repair and replace the world's bridges
    February 22, 2012
    The future of Scotland's Forth Road Bridge is posing serious questions with a wide potential impact for the transportation sector. All over the world existing highway bridges are in need of repair and replacement, with potentially catastrophic consequences should this need be ignored.
  • Major Romanian road projects are underway
    January 23, 2023
    Many major Romanian road projects are currently underway.