S Korean firm to install automatic tolling system on Dhaka-Bhanga expressway
BI Report || BusinessInsider
A view of Dhaka-Mawa-Bhanga expressway. Photo: File
The government has singled out Korea Expressway Corporation (KEC), a South Korean firm, to set up and operate the electronic toll collection system for three bridges on the Dhaka-Mawa-Bhanga expressway.
A proposal forwarded by the Road Transportation and Highway Division to appoint the KEC for installation and operation of the GPS-based toll collection system on the expressway, Cabinet Division Additional Secretary Shamsul Arefin told reporters after the meeting on Thursday.
KEC has experience in managing 4,112 km expressway and 1,332 km long bridges in South Korea. The technology they will use can also show you how many vehicles are on the road and which way to go.
The company will be appointed for five years and the contract may be extended further later.
The Korea International Cooperation Agency (KOICA) has been funding the project to install the automatic toll collection system on the expressway, said Arefin.
