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

  • Bangladesh road repair budget boosted
    February 12, 2018
    Bangladesh is in desperate need of road repairs, with insufficient funding exacerbating the problem. This comes from a new survey carried out by Bangladesh's Roads and Highways Department (RHD). The results of the survey suggest that the country needs some US$2.55 billion to be spent on repairing and maintaining the country's roads over the next five years. Flooding during August-October 2017 caused damage to 1,177km of the road network. However the primary cause of road damage comes from the use of heavy
  • Slovakia’s D1 highway project underway
    August 11, 2022
    Work on Slovakia’s D1 highway project is underway.
  • Road upgrade work planned for Paraguay
    May 26, 2022
    Road upgrade work is planned for a key route in Paraguay.
  • New Argentina highway construction work
    January 11, 2019
    Construction is underway for Argentina’s new Mendoza-San Juan Highway – Mauro Nogarin reports The rehabilitation and maintenance works of more than 3,300km of routes is now underway in Argentina. This followed on after the takeover of six new road corridors under the Public-Private Partnership (PPP) model, which took place in August 2018. The rehabilitation and maintenance works are being carried out prior to the start of the main projects, which will include the construction of highways. Building these