Bangladesh Economic & Infrastructure Development - Updates & Discussions

[Nilgiri]

Well OT though it is - we have at least a 'two-millioner' estimate now, going by 'Western estimates'. No sources attributed however _and_ on how that number was arrived at. Not doubting it - I am interested however in the methods used.

@PAKISTANFOREVER @Desert Fox @Psychic @war&peace @Game.Invade

There ya go....the koolaid intake feelz is proven!

 

[Homo Sapiens]

Prime minister said Bangladesh could become Asia's fastest growing economy through a range a policies. One example she gave was the country's attempt to coax foreign companies to set up in a new network of 100 special economic zones. Currently 11 of the zones are now functioning and 79 are under construction.

@bluesky our resident prophet of doom and gloom, where are you? You were claiming 100 SEZ are all hoax, a deception by AL. No real works are happening. But it seems, works are happening rather smoothly.

 

[Homo Sapiens]

http://www.globaltimes.cn/content/1130794.shtml


HOME >> BUSINESS
China-Bangladesh joint venture to construct mega expressway bypassing Dhaka
Source:Xinhua Published: 2018/12/7 8:29:20


A Chinese and Bangladeshi joint venture on Thursday signed a deal with the Bangladeshi government to build a mega expressway under the country's first major public private partnership (PPP) initiative.

Sichuan Road and Bridge (group) Co., Ltd has won the deal jointly with local Unique Dream Consultant and Shamim Enterprise Limited to construct the 48-km Dhaka Bypass Expressway.

The expressway, connecting Joydevpur, Debugram, Vulta and Modonpur, will establish an easy link for the industrial belts around Dhaka with the seaport city Chattogram and northeastern Sylhet region bypassing the capital city.

According to the Asian Development Bank, the bypass road will help alleviate traffic congestion in the city center, enhance road network connectivity, meet economic/traffic growth targets, and reduce CO2 emissions and air pollution.

The expressway will help improve Bangladeshi transportation infrastructure, promote local economic development and increase local employment, and it has been a platform for exchanges between China and Bangladesh, said Yang Rugang, representative of the joint venture company.

"Together, we will strive to set a benchmark for highway construction in Bangladesh and make an important contribution to the construction and development of Dhaka city transportation system," said Yang.

 

[Homo Sapiens]

12:00 AM, December 07, 2018 / LAST MODIFIED: 02:18 AM, December 07, 2018
Country's first toll road on the cards

https://www.thedailystar.net/backpage/news/countrys-first-toll-road-the-cards-1670341
Staff Correspondent

The government yesterday signed a contract with a China-Bangladesh consortium to upgrade the 48km Dhaka Bypass Road to a dual carriageway to improve connectivity between the country's north and northwest parts and the Chattogram Port.

This is the first public private partnership (PPP) project of the Roads and Highways Department (RHD) and once completed, it will be the first toll road in the country, officials said.

As per the deal, the expansion of the highway will start within nine months and it will require three years to complete. It will be fully operational within 2022, they said.

The estimated cost of the project is Tk 3,039 crore. The government will provide Tk 224 crore of the cost. Vehicles will have to pay toll to use the four-lane highway -- Joydevpur-Debogram-Bhulta-Madanpur (commonly known as Dhaka Bypass Road).

The road connects the Joydevpur-Tangail National Highway (N-4), Dhaka- Chattogram National Highway (N-1), Dhaka-Sylhet National Highway (N-2), Dhaka-Mymensingh National Highway (N-3) along with some regional highways and district roads.


Buses, trucks and other vehicles will be able to easily travel from northern and western parts of the country to eastern and southern parts without entering Dhaka city.

The contract was inked between the RHD and a consortium of three companies at a hotel in the capital. The companies are Sichuan Road and Bridge (Group) Corporation Ltd of China, and Shamim Enterprise (Pvt) Ltd and UDC Corporation Ltd of Bangladesh.

RHD Chief Engineer Ebne Alam Hasan on behalf of the government, and Zhao Fang for Sichuan, Aminul Haque for Shamim Enterprise, and Kalam Hossain for UDC signed the deal.

The project includes designing, building, financing, operating, and maintaining the road by the private partner for a concession period of 25 years.

The highway will have modern equipment such as central control and command centre, variable message signs, full length CCTV coverage and intelligent cameras for traffic count and classifications installed.

Nazrul Islam, secretary of the road transport and highways division, said upgrading a road to an expressway was very expensive. It was not possible for the government alone to do that job. So, private investment under the PPP was very important.

Abul Kalam Azad, principal coordinator for sustainable development goals affairs at the Prime Minister's Office, said this was the biggest ever project under the PPP and asked the consortium to maintain timeframe and quality strictly.

Nojibur Rahman, principal secretary to the prime minister, said the project was very important for the country.

Syed Afsor H Uddin, chief executive officer of the PPP Authority, and representatives of the companies also spoke at the signing ceremony.

 

[Jobless Jack]

Looks like china is fast replacing india when it comes to investment and economics in bangladesh !

 

[Homo Sapiens]

Looks like china is fast replacing india when it comes to investment and economics in bangladesh !

India was never a major player in Bangladesh for investment and infrastructure development. So question of replacing do not arise.

 

[Destranator]

@PAKISTANFOREVER @Desert Fox @Psychic @war&peace @Game.Invade

There ya go....the koolaid intake feelz is proven!

@PAKISTANFOREVER @Desert Fox @Psychic @war&peace @Game.Invade

Guys please say something.

@Nilgiri has tagged you for F's sake!

 

[Mage]

Sichuan Road and Bridge (group) Co., Ltd has won the deal jointly with local Unique Dream Consultant and Shamim Enterprise Limited to construct the 48-km Dhaka Bypass Expressway.

@bluesky you should be happy about this.

 

[Mage]

@bluesky our resident prophet of doom and gloom, where are you? You were claiming 100 SEZ are all hoax, a deception by AL. No real works are happening. But it seems, works are happening rather smoothly.

Then please inform us what products are being produced there and of what value.

Besides it's not about no work being done it's more about the inefficiency of the works being done. We have gotten over the stage where we would only get khamba in the name of electricity.

 

[Destranator]

@bluesky our resident prophet of doom and gloom, where are you? You were claiming 100 SEZ are all hoax, a deception by AL. No real works are happening. But it seems, works are happening rather smoothly.

Dude, as of now @bluesky is 89% correct.

On a serious note, the 100 EPZs haven't been booked out yet.

It's not easy to attract quality investments for 100 EPZs.

 

[Mage]

If it contributes to 1/3 of GDP then does it mean that our industrial production is over $90 billions?

That's quite good. Time to take it above $100 bn.

Same thing all over again....

 

[Homo Sapiens]

Members will be discouraged to post new threads if these mega merging fest continue on a regular period. It is like throwing away your new car like a scrap metal into store house.

 

[Bilal9]

Rooppur Nuclear plant area transformation

Latest on Padma Bridge

Purbachal (Dhaka) suburb eastern connector highway - plan visualization

 

[bluesky]

@bluesky our resident prophet of doom and gloom, where are you? You were claiming 100 SEZ are all hoax, a deception by AL. No real works are happening. But it seems, works are happening rather smoothly.

Yes, works are always continuing for the last 72 years on the 100s of EPZs and SEZs. Yet, only the day before yesterday Tofail, the peasant trade minister from the remote Bhola was complaining about the BIDA inefficiency that little progress has been achieved so far to compile a policy even to attract investments.

It seems, after the completion of all these SEZs the GoB is now begging Indonesia, itself a developing poor country, to kindly come to BD and invest. This is how our govt leaders are running the country!! There was a Dipu Moni Kumari who would visit a foreign country almost every week and ask its President to visit her Golden Bangladesh. Now it is the GoB who does similar things on FDIs. It will soon beg Maldives, Bhutan, and Nepal for FDI.

It is guys like you together with your cousins in the ministries who have successfully kept Bangladesh in the rank of a famous underdeveloped country for the last 3/4th of a Century. And the way you guys are showing your aptness in putting the cart before the horse I have no doubt why should it not remain so for the next few Centuries, at least!!

 

[Jobless Jack]

India was never a major player in Bangladesh for investment and infrastructure development. So question of replacing do not arise.

umm hello 70 's and 80's and 90's