Bangladesh: South Asia Subregional Economic Cooperation Road Connectivity Project

The project will support the Government of Bangladesh in upgrading sections of the Dhaka-Northwest corridor to four lanes. The project will also (i) improve two land ports at Benapole and Burimari, and (ii) strengthen the capacity of the road sector and the land port operations. It will not only boost the national economy but also facilitate subregional cooperation and increase trade.


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

5 Jun 2013

Loan

Bangladesh

Transport/Road

Ongoing

$344.70 million

KEY OUTPUTS

Upgrade of 70 km roads along key sections of Joydeypur-Chandra-Tangail-Elenga trade corridor

Improvement of land ports in Benapole and in Burimari

Operations manual on material handling

Institutional development action plan

FINANCING

$198 million (Asian Development Bank)

$86.7 million (Government of Bangladesh)

$30 million (OPEC Fund for International Development)

$30 million (Abu Dhabi Fund)