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Bd, India sign deal to build Khulna-Mongla rail line

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BD, India sign deal to build Khulna-Mongla rail-line

http://www.thefinancialexpress-bd.com/more.php?news_id=133016&date=2012-06-15

FE Report

India, under its credit line, will assist Bangladesh to construct a new rail-line between Khulna and Mongla to connect the country's second seaport with railway network.

In connection with the assistance, the Bangladesh Railway (BR) signed a joint venture consultancy service contract with Consulting Engineers Group Ltd and Nippon Koei India Private Ltd of India at Railway Bhaban in the city Thursday.

BR Chief Engineer Kairul Alam, K Rankata Rahamana Murti of Consulting Engineers Group and Dr Sanjoy Arura of Nippon Koei India signed the contract on behalf of their respective sides.

Officials said under the deal, the joint venture of the Indian firms will conduct both feasibility and safeguard policy studies apart from detailed design of the new track.

Besides, the firms will prepare the bidding documents for the BR to select firm for construction of the proposed 53 kilometre rail-line, and do its supervision work.

The construction cost of the Khulna-Mongla rail-line has been estimated Tk 17.21 billion, of which Tk 12.02 billion will come from the US$1.0 billion Indian line of credit.

The BR earlier planned to construct the track from Shiromoni to Mongla, some 12 km north of the Khulna rail-station to avoid construction of rail-bridge over the wide Rupsha River.

However, the track will now connect the abandoned Bagerhat rail-line in between Karnapur and Samantosena.

The BR now has a rail-track from Dhaka to Khulna through Jessore, which has stopped at the Rupsha River due to lack of any bridge.

Communications and Railway Minister Obaidul Quader witnessed the signing ceremony and reiterated the government's commitment to upgrade the railway network and make it commuter-friendly.

He said the railway timetable is now being maintained properly, and rail-service will be improved further after it receives locomotives next year.

The minister said from next March, the BR will start receiving two locomotives each month, and its service would improve significantly.

BR director general Abu Taher said the new track will eventually lead to regional and sub-regional connectivity, connecting the Mongla Port with India, and land-locked Nepal and Bhutan.

Senior officials of the railway ministry and the BR were also present on the occasion.
 
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More such collaborations and assistance should be made. Get our economy inter-twined, best way to ensure peace.:smokin:
 
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Dubious and devious India at it again. India is going to make millions while it doesn't serve Bangladesh any purpose. Am I right or what? ;)
 
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Indians should note that we have no problem with economic integration and real investment/help from India in development of Bangladesh infrastructure, but the interest rate for the credit line should be reduced?

What we have a problem with is political interference in an attempt to make Bangladesh a vassal state and short term money making schemes using RAWamy connections. A vassal state will not ask to solve water issues, border issues and myriad other issues, only a more sovereign Bangladesh will do that, hence Indian effort to reduce sovereignty of Bangladesh using its political stooges.
 
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Indians should note that we have no problem with economic integration and real investment/help from India in development of Bangladesh infrastructure, but the interest rate for the credit line should be reduced?

Interest rates are already lowest as compare to others

What we have a problem with is political interference in an attempt to make Bangladesh a vassal state and short term money making schemes using RAWamy connections. A vassal state will not ask to solve water issues, border issues and myriad other issues, only a more sovereign Bangladesh will do that, hence Indian effort to reduce sovereignty of Bangladesh using its political stooges.

If all you said is true they 2/3 of your population is stupid who choose AL ????
 
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Indians should note that we have no problem with economic integration and real investment/help from India in development of Bangladesh infrastructure, but the interest rate for the credit line should be reduced?

What we have a problem with is political interference in an attempt to make Bangladesh a vassal state and short term money making schemes using RAWamy connections. A vassal state will not ask to solve water issues, border issues and myriad other issues, only a more sovereign Bangladesh will do that, hence Indian effort to reduce sovereignty of Bangladesh using its political stooges.

Now tell me from where u will get 1.75% interest rates and no credit for 200million $.....? China? EU? US? World Bank?
 
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Now tell me from where u will get 1.75% interest rates and no credit for 200million $.....? China? EU? US? World Bank?

Yes World Bank, IMF, ADB and Japan provides interest at less than 1% interest rate to Bangladesh.
 
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Japan gives lone at 0.1% rate if i am not wrong....
 
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Japan gives lone at 0.1% rate if i am not wrong....

Compared to the interest rates in Japan and India our loans are hugely subsidized. Meaning for india the cost of providing that line is many many times higher than for Japan. I hope you get the math.
 
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Good news. India should send some of their rail experts in it. We can learn a lot from them people and custom build for our own need.
 
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