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BRI projects fuel infrastructure growth in Bangladesh

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BRI projects fuel infrastructure growth in Bangladesh​

China Daily | Updated: 2023-10-16 09:13

652c8e23a3109068cafe26bf.jpeg
A man (right) takes photos of a train ready for a trial run along the newly-constructed mega rail line via the China-built Bangladesh's largest Padma Bridge on the outskirts of Dhaka, Bangladesh, on Sept 7. [Photo/Xinhua]

DHAKA — It used to take Rukhsana Parveen Khan 30 to 45 minutes to reach Bonani from Dhaka, the capital of Bangladesh. Today, the journey takes a mere five minutes. "This is excellent," she told Xinhua News Agency. "I use this road daily and will benefit greatly from it."
The road Khan mentioned is the First Dhaka Elevated Expressway, one of Bangladesh's flagship infrastructure projects, which partially opened to traffic on Sept 3.

The capital and the country's largest city, Dhaka has a population of nearly 20 million. However, the inadequate road infrastructure has made for frequent traffic congestion. "We have to struggle with traffic jams every day, so it's terrible for us," said Khan.

To solve the problem, the 19.73-kilometer expressway project, with a total investment of $1.26 billion, was launched on Jan 1, 2020, under the guidance of the local government. China's Shandong Hi-Speed Group Co Ltd is the project's leading investor and builder.

However, advancing the project was not easy. According to Zheng Xiaozhong, director of Shandong Hi-Speed International Bangladesh Co Ltd, a section of the road crosses a railway line with trains passing every 15 minutes on average, leaving almost no time for construction.

To solve the issue, the contractor designed an "adjustable mobile door frame" using cast-in-place crossbeams. Thanks to the innovative construction technology, the project's first phase was officially open to traffic in September.

Speaking at the expressway's opening, Bangladeshi Prime Minister Sheikh Hasina called it "a new milestone in Bangladesh's city mass transport system", adding that it would play a significant role in developing communication between the capital and the rest of the country.

Bangladesh is the first South Asian country to join the Belt and Road Initiative. Since then, Bangladesh has made significant progress in its Belt and Road cooperation with China, particularly in infrastructure construction.
The Padma Bridge Rail Link project, which passes through Bangladesh's largest Chinese-built Padma Bridge, is one of the most significant projects under construction by China Railway Group Ltd and funded by the Export-Import Bank of China.

The Bangladeshi government recently launched an experimental passenger train with Chinese-made coaches on a section of the newly constructed mega rail line.

This is a "historic moment", Bangladeshi lawmaker Saifuzzaman Shikhar told Xinhua. "I'm crossing the Padma Bridge by train. It used to be a dream, but it is a reality today."

The entire 172-km project is scheduled for completion in 2024. It will serve as a vital channel connecting Dhaka to more than 20 districts in the country's south and is expected to greatly promote regional connectivity and economic development.

Taking the train, Bangladesh's Railways Minister Nurul Islam Sujan expressed his hope that China will continue cooperating with the country.
While improving road traffic, BRI projects in Bangladesh have trained many professionals, including designers and engineers.

Until now, Chinese enterprises have built 12 roads and 21 bridges in Bangladesh, with several transportation projects underway or to be implemented soon, creating hundreds of thousands of jobs.

Infrastructure, the bedrock of connectivity, is a priority goal of Belt and Road cooperation. Hasina recently said that Belt and Road cooperation has opened a new development door for Bangladesh.

Xinhua

 
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BRI projects fuel infrastructure growth in Bangladesh​

China Daily | Updated: 2023-10-16 09:13

652c8e23a3109068cafe26bf.jpeg
A man (right) takes photos of a train ready for a trial run along the newly-constructed mega rail line via the China-built Bangladesh's largest Padma Bridge on the outskirts of Dhaka, Bangladesh, on Sept 7. [Photo/Xinhua]

DHAKA — It used to take Rukhsana Parveen Khan 30 to 45 minutes to reach Bonani from Dhaka, the capital of Bangladesh. Today, the journey takes a mere five minutes. "This is excellent," she told Xinhua News Agency. "I use this road daily and will benefit greatly from it."
The road Khan mentioned is the First Dhaka Elevated Expressway, one of Bangladesh's flagship infrastructure projects, which partially opened to traffic on Sept 3.

The capital and the country's largest city, Dhaka has a population of nearly 20 million. However, the inadequate road infrastructure has made for frequent traffic congestion. "We have to struggle with traffic jams every day, so it's terrible for us," said Khan.

To solve the problem, the 19.73-kilometer expressway project, with a total investment of $1.26 billion, was launched on Jan 1, 2020, under the guidance of the local government. China's Shandong Hi-Speed Group Co Ltd is the project's leading investor and builder.

However, advancing the project was not easy. According to Zheng Xiaozhong, director of Shandong Hi-Speed International Bangladesh Co Ltd, a section of the road crosses a railway line with trains passing every 15 minutes on average, leaving almost no time for construction.

To solve the issue, the contractor designed an "adjustable mobile door frame" using cast-in-place crossbeams. Thanks to the innovative construction technology, the project's first phase was officially open to traffic in September.

Speaking at the expressway's opening, Bangladeshi Prime Minister Sheikh Hasina called it "a new milestone in Bangladesh's city mass transport system", adding that it would play a significant role in developing communication between the capital and the rest of the country.

Bangladesh is the first South Asian country to join the Belt and Road Initiative. Since then, Bangladesh has made significant progress in its Belt and Road cooperation with China, particularly in infrastructure construction.
The Padma Bridge Rail Link project, which passes through Bangladesh's largest Chinese-built Padma Bridge, is one of the most significant projects under construction by China Railway Group Ltd and funded by the Export-Import Bank of China.

The Bangladeshi government recently launched an experimental passenger train with Chinese-made coaches on a section of the newly constructed mega rail line.

This is a "historic moment", Bangladeshi lawmaker Saifuzzaman Shikhar told Xinhua. "I'm crossing the Padma Bridge by train. It used to be a dream, but it is a reality today."

The entire 172-km project is scheduled for completion in 2024. It will serve as a vital channel connecting Dhaka to more than 20 districts in the country's south and is expected to greatly promote regional connectivity and economic development.

Taking the train, Bangladesh's Railways Minister Nurul Islam Sujan expressed his hope that China will continue cooperating with the country.
While improving road traffic, BRI projects in Bangladesh have trained many professionals, including designers and engineers.

Until now, Chinese enterprises have built 12 roads and 21 bridges in Bangladesh, with several transportation projects underway or to be implemented soon, creating hundreds of thousands of jobs.

Infrastructure, the bedrock of connectivity, is a priority goal of Belt and Road cooperation. Hasina recently said that Belt and Road cooperation has opened a new development door for Bangladesh.

Xinhua

Long live Bangla-China friendship. BRI rules :-)
 
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Famous last words. We heard that from Srilanka and some African nations and recently from Pakistan just before they realized their dire straits and beehived to IMF etc

IMF 🤣

Organisation that forces you to adopt destructive policies and indebted African countries. Some countries were paying upto 1/3 of their GDP in interest.

That IMF?

China only holds 10% of Sri Lanka’s debt 🤣🤣

Try again!!!


 
Last edited:
. .
IMF 🤣

Organisation that forces you to adopt destructive policies and indebted African countries. Some countries were paying upto 1/3 of their GDP in interest.

That IMF?

China only holds 10% of Sri Lanka’s debt 🤣🤣

Try again!!!


That's hogwash. Pakistan economy has become a basket case after 10 years of checking. Srilanka literally HD to be given cash, meds and food from India after their dalliance with CCP
 
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That's hogwash. Pakistan economy has become a basket case after 10 years of checking. Srilanka literally HD to be given cash, meds and food from India after their dalliance with CCP

You just spouted an opinion.

I was quoting facts.

Tiny fraction of their debt is owed to China.

It’s the debt they owe to the IMF and western private lenders - that has broken them.

Furthermore, Chinese debt is secured against assets that was built.

Western debt was used to fund nonsense and there is no assets to back it up.

Unlike the west - China never lends to fund current spending.

China only lends to build infrastructure. Therefore, it is secured debt.

Only predatory lenders lend to fund current spending.

Responsible lenders only lend to build/buy assets.
 
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Famous last words. We heard that from Srilanka and some African nations and recently from Pakistan just before they realized their dire straits and beehived to IMF etc
A Chinese would spit on the ground if he finds a coin on it. I remembered this saying after reading China is building things in Africa.

Have you ever heard that China is systematically mining for metals in many African countries? And this is the reason why China builds roads there. A host African nation cannot pay back the loan and it sells one mine field to China.

Chinese labors come, dig and do some semi-processing and take them to China to further processing to make finished products that they sell abroad.

Are not you too simplifying Chinese design on other countries? Nothing is free and Chinese help is most expensive.
 
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China doesn't force other countries to accept their loans. If a country finds Chinese loan to be detrimental to their national interest they have a choice not to accept Chinese loans. Blaming China for other countries miseries is unacceptable.
 
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You just spouted an opinion.

I was quoting facts.

Tiny fraction of their debt is owed to China.

It’s the debt they owe to the IMF and western private lenders - that has broken them.

Furthermore, Chinese debt is secured against assets that was built.

Western debt was used to fund nonsense and there is no assets to back it up.

Unlike the west - China never lends to fund current spending.

China only lends to build infrastructure. Therefore, it is secured debt.

Only predatory lenders lend to fund current spending.

Responsible lenders only lend to build/buy assets.
opinion? may be you should get some real newspapers.
Srilanka financial disaster is opinion?
Pakistan financial diaster is opinion?
They both got screwed by CCP loans. If you think that is an opinion then oxygen is not what you breathe, it is just an opinion for you.
Just where do you guys go to school!

A Chinese would spit on the ground if he finds a coin on it. I remembered this saying after reading China is building things in Africa.

Have you ever heard that China is systematically mining for metals in many African countries? And this is the reason why China builds roads there. A host African nation cannot pay back the loan and it sells one mine field to China.

Chinese labors come, dig and do some semi-processing and take them to China to further processing to make finished products that they sell abroad.

Are not you too simplifying Chinese design on other countries? Nothing is free and Chinese help is most expensive.
CCP is CCP. China was China. They do what they do for their grand design.

My pointing finger is towards the recipients of such treatment who run to CCP for "help" thinking what happened to Srilanka or Pakistan or Africa at CCP hand will not happen to them.
 
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@saif

China doesn't force other countries to accept their loans. If a country finds Chinese loan to be detrimental to their national interest they have a choice not to accept Chinese loans. Blaming China for other countries miseries is unacceptable.

You could replace China by IMF as well

Regards
 
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opinion? may be you should get some real newspapers.
Srilanka financial disaster is opinion?
Pakistan financial diaster is opinion?
They both got screwed by CCP loans. If you think that is an opinion then oxygen is not what you breathe, it is just an opinion for you.
Just where do you guys go to school!


CCP is CCP. China was China. They do what they do for their grand design.

My pointing finger is towards the recipients of such treatment who run to CCP for "help" thinking what happened to Srilanka or Pakistan or Africa at CCP hand will not happen to them.

Both countries are buggered because of the 90% unsecured debt they owe to the west.

Not the 10% secured debt they owe to China.

Let me put it even more simply!!!

Chinese debt is equivalent to a mortgage.

Western debt is equivalent to credit card debt.

When you cannot pay your mortgage the mortgage company simply takes back the house. And you even get some back with appreciating asset.

When you cannot pay your credit card debt they garner your wages!!!

@saif

China doesn't force other countries to accept their loans. If a country finds Chinese loan to be detrimental to their national interest they have a choice not to accept Chinese loans. Blaming China for other countries miseries is unacceptable.

You could replace China by IMF as well

Regards

No you cannot.

IMF lending is equivalent to credit card lending and comes with poison pills.
 
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@IndianLite

IMF lending is equivalent to credit card lending and comes with poison pills.

So dont borrow from IMF. Simple...

Regards
 
.
Both countries are buggered because of the 90% unsecured debt they owe to the west.

Not the 10% secured debt they owe to China.

Let me put it even more simply!!!

Chinese debt is equivalent to a mortgage.

Western debt is equivalent to credit card debt.

When you cannot pay your mortgage the mortgage company simply takes back the house. And you even get some back with appreciating asset.

When you cannot pay your credit card debt they garner your wages!!!



No you cannot.

IMF lending is equivalent to credit card lending and comes with poison pills.
your numbers are wrong.
And the bs about unsecured debt makes counter non-sense. Think about it
 
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