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

  • Tajikistan tunnel repair work
    February 11, 2021
    Repair work is planned for Tajikistan’s Istiqlol tunnel.
    Read More
  • Italy road tunnel project excavated
    July 9, 2018
    Italy’s A3 Highway is being upgraded, which will improve transport between Salerno and Calabria. Upgrading Italy’s A3 highway is of prime importance for developing the south of the country and is a project that has been prioritised for construction. The A3 Salerno-Reggio-Calabria highway is a non-toll road managed by ANAS, Italy’s state-owned company that constructs and maintains highways. The route runs a total of 443km, with the road having originally been built between 1966 and 1974. However, the origina
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • £24 billion spending on UK roads
    June 17, 2025
    The UK Government plans to invest £24 billion on roads.
    Read More

Highlighted Content