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.
Finance & Funding Road Structures

Related Content

  • Eastern European highway and tunnel projects
    May 15, 2012
    Serbia’s Corridor 10 project, seen as key to the country’s future economic development, is 20 years behind schedule. With construction delayed and the matter being debated, the Serbian Ministry for Infrastructure, which reported the schedule delay, says the country is working as fast as possible, with 22km being built/year. The corridor will connect the country with its neighbours and provide an important route for through traffic.
    Read More
  • El Salvador’s new road projects
    September 7, 2022
    El Salvador is planning major new road projects.
    Read More
  • Geosynthetics revolutionise ground stabilisation
    March 13, 2012
    As powerful fabrics, geosynthetics and geotextiles have a wide range of applications in many civil engineering applications including roads and airfields. Geosynthetics specialist Tensar is introducing a radical new product that it thinks will revolutionise the construction industry. According to the company, its new product represents the "biggest advance in ground stabilisation technology for 25 years. Six years in development, it is said to offer major improvements in aggregate confinement and soil stabi
    Read More
  • TRA 2014 showcases the best of cutting-edge transport research and thinking
    July 1, 2014
    Despite tight finances due to the current global economic climate, the recent Transport Research Arena (TRA) 2014 show in Paris showed how innovative transport research, largely using cutting-edge ITS, is creating safer and smarter highways of the future. Guy Woodford reports How far can you drive around a car race track with no other vehicles on it on half a glass of fuel while attempting to maintain a speed of 60kph? After taking up the challenge offered by the Eco Driving Simulator using SiVIC (Simulatio
    Read More

Highlighted Content