Bangladesh: Railway Sector Investment Program - Tranche 4

This multitranche financing investment program aims to improve the performance of Bangladesh's railway sector by implementing (i) sector policy, organizational, and capacity-building reforms; and (ii) infrastructure and rolling stock capacity improvement investments. Tranche 4 provides additional financing to bridge the financing gap within the existing project scale and scope of ongoing subprojects 1 and 2.

PROJECT DETAILS

Approval18 Mar 2016
Funding TypeLoan
CountryBangladesh
SectorTransport/Rail
StatusOngoing
Total Cost$188.72 million

KEY OUTPUTS

Completed Tongi-Bhairab Bazar 64 kilometer section of double track

Improved signaling system Darsana-Ishurdi

Rehabilitated yards and extended loops in the Darsana-Ishurdi-Sirajganj Bazar railway section

FINANCING

$50 million (Asian Development Bank, financed through Ordinary Capital Resources)

$22 million (Export-Import Bank of Korea)

$116.72 million (Japan International Cooperation Agency)