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

  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
  • Guatemala’s new bridge will cut traffic delays
    November 22, 2023
    Guatemala’s new bridge will cut congestion and traffic delays.
  • Kosovo highway wins environmental award
    April 25, 2012
    Bechtel-Enka's Kosovo highway project has won the top prize in the Bechtel's own 2011 Green Footprint Awards for environmental achievements. The Bechtel-Enka joint venture project team was praised by judges for the campaign to reduce, reuse and recycle waste, which was unprecedented in the local area.
  • Contracts for $1.9 billion Francis Scott Key bridge
    February 27, 2025
    Key contracts have been awarded for the $1.9 billion Francis Scott Key bridge.