Bangladesh: SASEC Railway Connectivity: Akhaura-Laksam Double Track Project
Traveling by railway in Bangladesh is more safe, energy efficient, environment-friendly and reliable compared with other modes of transport. This project aims to improve transport connectivity within Bangladesh, and between Bangladesh and India, boosting Bangladesh Railway's market share in freight services by upgrading critical sections.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
28 Jun 2015 Loan Bangladesh Transport/Rail Ongoing $997 million | |
| KEY OUTPUTS |
Upgraded railway infrastructure Improved capacity of Bangladesh Railway in project management and implementation Improved project implementation unit in Bangladesh Railway |
| FINANCING |
$400 million (Asian Development Bank) $105 million (Asian Development Fund) $125 million (Government of Bangladesh) $175 million (European Investment Bank) $192 million (Export-Import Bank of Korea) |
