Bangladesh Railway Procures New Broad-gauge Wagons with ADB Assistance

5 February 2022

Bangladesh Railway continues to undertake initiatives to improve the country’s rail connectivity across the country and with its neighbors. On 5 February 2022, Bangladesh Railway signed an agreement with the Hindustan Engineering and Industries Limited of India to purchase 420 broad-gauge wagons worth Tk. 231 crore (around $26.89 million) with financing from the Asian Development Bank (ADB).

Mr. Md. Nurul Sujan, Railway Minister of the Government of Bangladesh, underscored that Bangladesh Railway aims to improve freight transportation through initiatives such as replacing old wagons with new wagons. Furthermore, Bangladesh is also working on connecting its river and seaports to railways and converting one-way lines to two-way double lines.

The Bangladesh: Railway Rolling Stock Operations Improvement Project, a project of ADB, is financing Bangladesh Railway’s procurement of modern rolling stock, supporting the preparation of investment projects to enhance rolling stock maintenance capacity, and supporting the ongoing railway reform.

 

Related link

Bangladesh signs agreement to purchase 420 broad-gauge railway wagons from India

Mr. Shri Sunil Barthwal, Secretary of the Ministry of Commerce and Industry of the Government of India, and Ms....

Read More


Bhutan Prime Minister Tshering Tobgay and Nepal Prime Minister KP Sharma Oli met on the sidelines of the...

Read More


Nepal has taken a significant step in enhancing its energy cooperation with India by signing a $12.36 million...

Read More


The Druk Green Power Corporation (DGPC) of Bhutan and the Adani Group of India have signed a Memorandum...

Read More


Southeast and South Asia are two of the most dynamic and fastest growing regions in the world....

Read More


The passenger ferry service between India and Sri Lanka resumed operations on 16 August 2024, marking a significant...

Read More


Mr. Vikram Misri, Foreign Secretary of the Government of India, met with Dr. Arzu Rana Deuba, Minister of...

Read More