Bangladesh: South Asia Subregional Economic Cooperation Road Connectivity Project
The project will support the Government of Bangladesh in upgrading sections of the Dhaka-Northwest corridor to four lanes. The project will also (i) improve two land ports at Benapole and Burimari, and (ii) strengthen the capacity of the road sector and the land port operations. It will not only boost the national economy but also facilitate subregional cooperation and increase trade.
PROJECT DETAILS | ||
Commitment Date Funding Type Country Sector Status Total Cost |
5 Jun 2013 Loan Bangladesh Transport/Road Closed $344.70 million |
KEY OUTPUTS |
Upgrade of 70 km roads along key sections of Joydeypur-Chandra-Tangail-Elenga trade corridor Improvement of land ports in Benapole and in Burimari Operations manual on material handling Institutional development action plan |
FINANCING |
$198 million (Asian Development Bank) $86.7 million (Government of Bangladesh) $30 million (OPEC Fund for International Development) $30 million (Abu Dhabi Fund) |