SASEC Dhaka-Northwest Corridor Road Project, Phase 2-Tranche 2

This project will improve the road connectivity of the Dhaka-Northwest international trade corridor. This is part of a multitranche financing facility. Tranche 2 will finance works and services of outputs 1 and 2.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

15 Mar 2020

Loan

Bangladesh

Transport/Road

Closed

$497.97 million

KEY OUTPUTS

Output 1: Upgrading of the 190 km Elenga-Hatikamrul-Rangpur Road of the Dhaka-Northwest international trade corridor from two-lane carriageways to four-lane carriageways and two slow-moving vehicular traffic lanes, and financing for construction of Hatikamrul Interchange.

Output 2: Financing for expenditures related to works for construction of road research and training center to enhance institutional capacity of RHD, and establishment of road operation units for road operation and management. Financing for consulting services for traffic data collection and transport model development to update the Road Master Plan.

FINANCING

$398.38 million (Asian Development Bank)

$99.59 million (Government of Bangladesh)