Big Bangladesh bridge budget boosted

A big Bangladesh bridge is benefiting from a budget boost.

By MJ Woof July 7, 2023 Read time: 1 min

Building the Padma Multipurpose Bridge in Bangladesh will improve transport to and from Dhaka – image courtesy of © Butenkow, Dreamstime.com

The Padma Multipurpose bridge project in Bangladesh is to benefit from a major boost to the budget for its development. A further US$105.35 million will be spent on the project. This will take the total cost of the work to $3.07 billion.

The increased budget was approved by the Executive Committee of the National Economic Council (ECNEC) of Bangladesh. The project will improve transport between capital Dhaka and the south west of the country.

The Padma Multipurpose Bridge will measure 6.15km in length when complete, with lanes for motor vehicle traffic as well as rail lines for locomotives. The bridge will connect Mawa Point in Munshiganj and Janjira Point in Shariatpur.

Finance & Funding

Bangladesh: Cost of Padma Bridge project rises

The cost of building the Padma Bridge in Bangladesh will be nearly three times the US$2.61 billion estimated in 2011. Also on the rise is the cost of flood prevention work in the form of levee construction – called river training in Bangladesh. The addition of 1.3km of work at the Mawa end of the bridge means the total cost is now $1.2 billion, up from $1.1 billion. Apart from $200 from the $1 billion loan from India the project is not using any foreign financing, according to a report in the Daily S

July 8, 2022