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)