Work to go ahead on Bangladesh expressway

Work on a new elevated expressway is now due to commence in Bangladesh. The project will be carried out by Italian-Thai Development (ITD).
February 23, 2012 Read time: 1 min
Work on a new elevated expressway is now due to commence in Bangladesh. The project will be carried out by 1042 Italian-Thai Development (ITD). The agreement is for a 25 year concession deal with the 1049 Bangladesh Bridge Authority (BBA). The project is worth US$1.25 billion and is being carried out under the PPP model. The construction phase is expected to be complete within a three year timeframe. The project will be financed using bank loans as well as by ITD and its partners. ITD is in discussions with 2332 World Bank, the 1053 Export-Import Bank Of Thailand, the 943 Asian Development Bank and 1055 Standard Chartered to finance the project.
Road Structures

Related Content

June 21, 2017

Bangladesh elevated highway project faces problems

A major project in Bangladesh now looks to be delayed following financing issues. The project to construct the Dhaka Elevated Expressway was to have been carried out by the contractor, Italian-Thai Development (ITD).
May 3, 2012

Bangladesh expressway under construction

Work is now underway in Bangladesh on the country's new Dhaka Elevated Expressway. The construction work is being carried out by Italian-Thai Development and the project is expected to help address Dhaka's chronic traffic congestion issues.
May 24, 2012

Bangladesh expressway under construction

Work is now underway in Bangladesh on the country's new Dhaka Elevated Expressway. The construction work is being carried out by Italian-Thai Development and the project is expected to help address Dhaka's chronic traffic congestion issues. The project is costing US$1.2 billion and the 26km route will carry the expressway through Dhaka, including Kamalapur, Golapbag, Tejgaon, Kuril and Banani.
boombox1

Highlighted Content

boombox2