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 | ||
Commitment Date Funding Type Country Sector Status Total Cost |
10 Apr 2016 Loan Bangladesh Transport/Rail Closed $191.19 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 |
$2.47 million (Government of Bangladesh) $50 million (Asian Development Bank) $22 million (Export-Import Bank of Korea) $116.72 million (Japan International Cooperation Agency) |