Bangladesh: SASEC Chittagong–Cox’s Bazar Railway Project, Phase 1 - Tranche 1

The impact of this multitranche financing facility project will be efficient and safe railway transport in Bangladesh and improved subregional connectivity and trade, by developing an improved railway transport system along the Chittagong–Cox’s Bazar corridor. The first tranche focuses on infrastructure needs along the 102-kilometer Dohazari–Cox’s Bazar section and strengthening the capacity of Bangladesh Railway for project implementation management.


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

21 Jun 2017

Loan/Technical Assistance

Bangladesh

Transport/Rail

Ongoing

$800.04 million

KEY OUTPUTS

102 km Dohazari–Cox’s Bazar railway line constructed

9 new railway stations constructed, with inclusive design features

Capacity of Bangladesh Railway enhanced for effective project implementation

FINANCING

$400 million (Government of Bangladesh)

$300 million (Asian Development Bank)

$99.04 million (Export-Import Bank of Korea)

$1 million (Technical Assistance Special Fund)