Bangladesh: MFF - Railway Sector Investment Program (Subproject 1)

This multitranche financing investment program aims to improve the performance of Bangladesh's railway sector by implementing (i) a reform project for sector policy, organizational, and capacity building to make Bangladesh Railway more commercially focused and improve governance and accountability; and (ii) an investment project of infrastructure and rolling stock capacity improvement investments to overcome capacity bottlenecks in economically and financially viable sectors.

PROJECT DETAILS

Approval13 Feb 2007
Funding TypeLoan
CountryBangladesh
SectorTransport/Rail
StatusClosed
Total Cost$162.50 million

KEY OUTPUTS

Doubling of 64 kilometers of Tongi-Bhairab Bazar rail line

Completed detailed design of follow-on approved subprojects

Completed re-rating study of the Jamuna Bridge

Procurement of rolling stock

FINANCING

$130 million (Asian Development Bank)

$32.5 million (Government of Bangladesh)