Bangladesh: South Asia Subregional Economic Cooperation Dhaka–Sylhet Corridor Road Investment Project-Tranche 1

This investment project will finance improvement of approximately 210 kilometers of the Dhaka-Sylhet section of the existing National Highway No. 2. The project will improve efficiency, connectivity, and safety of the Dhaka-Sylhet international corridor. It will upgrade the road from two-lanes into four lanes, and design features for the inclusion of elderly, women, children, and the differently-abled. It will also be equipped to withstand disaster and climate risks. The project road connects to the border with India via the Sylhet-Tamabil section.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

4 Oct 2021

Loan

Bangladesh

Transport/Road

Ongoing

$879.90 million

KEY OUTPUTS

The Dhaka–Sylhet corridor road upgraded with enhanced road safety; elderly, women, children, and differently-abled responsive; and climate- and disaster-resilient features.

Institutional capacity of the Roads and Highways Department enhanced.

FINANCING

$400 million (Asian Development Bank Ordinary Capital Resources)

$479.9 million (Government of Bangladesh)