A key bridge project in Bangladesh will be financed by loans from Malaysia

Work on a key bridge link in Bangladesh is to be financed by a loan provided by Malaysia. The Bangladesh Government and Malaysian Government have signed a memorandum of understanding for the construction of Padma bridge.
April 11, 2012 Read time: 1 min
RSSWork on a key bridge link in Bangladesh is to be financed by a loan provided by Malaysia. The Bangladesh Government and 3491 Malaysian Government have signed a memorandum of understanding for the construction of Padma bridge. Under the terms of this deal Malaysia looks set to provide a US$2.2 billion loan for the project. Work is starting during and is expected to take just 54 months to complete. The construction will be carried out by a consortium comprising five contractors, although the names of the companies concerned has not yet been released.
Road Structures

For more information on companies in this article

Related Content

May 10, 2012

Funding for key Russian highway projects

A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
boombox1

Highlighted Content

boombox2