Dhaka, Saturday


20 April 2024


Business Insider Bangladesh

Govt retreats from PPP to solely finance 4-lane Dhaka-Ctg Highway

BI Report || BusinessInsider

Published: 23:00, 17 October 2021   Update: 00:13, 18 October 2021
Govt retreats from PPP to solely finance 4-lane Dhaka-Ctg Highway

A view of Dhaka-Chottogram Highway. Photo: File

The government has retreated from constructing a 4-lane Dhaka-Chattogram Highway project on the basis of Public-Private Partnership (PPP).

Now, the Dhaka-Chittagong highway will be financed by the government, additional secretary to the cabinet division Shamsul Arefin told journalists on Sunday.

There would be a service lane on each way of the roads which will also be used by slow moving vehicles, he said.

The cabinet committee on economic affairs held a virtual meeting at the secretariat to discuss, among other things, various aspects of Dhaka-Chattogram highway.

While responding to a question, the additional secretary said the government had spent Tk 100 crore for carrying out the feasibility study for the specially designed 4-lane Dhaka-Chattogram highway.

According to the Roads and Highways Department under Ministry of Road, Transport and Bridges, a proposal to appoint a consultant for the construction of the separate service lane was approved in the meeting. The consultant would receive Tk 87.38 crore for designing the service lane.

Nagad
Monetary Policy Stance
Budget 2020-21
Walton