Elevated highway from Dhaka-Ctg contemplated: Lotus Kamal -
bdnews24.com
Elevated highway from Dhaka-Ctg contemplated: Lotus Kamal
Senior Correspondent, bdnews24.com
Published: 2014-06-15 21:43:14.0 BdST Updated: 2014-06-15 21:43:14.0 BdST
Planning Minister AHM Mustafa Kamal (Lotus Kamal) has said government has been contemplating to construct metro rail network in Dhaka and elevated expressway from Dhaka to Chittagong.
"We have decided to carry out feasibility studies for construction of elevated-expressway from Dhaka to Chittagong and laying metro-rail network in Dhaka. However, approval Committee's decisions are not final," Minister said at a press briefing organized by Planning Commission at the conference room of National Economic Commission (NEC).
Minister also said, "First project has been proposed to be implemented under Public- Private Partnership (PPP). ADB, JICA and other Chinese and Japanese private companies have shown keen interest to finance in good projects."
1,500 projects are being implemented. ECNEC has approved 203 projects at a projected cost of Tk 1195.29 billion. Tk 600 billion has been allocated to the revised ADP, of which 67% was spent.
Minister said,"We are optimistic that by June we can spend most of the allocated fund."
Look East Policy
In reply to a question, planning minister said government should have embarked on its 'Look East policy' much earlier.
Recently, Prime Minister visited Japan and China. Japan pledged to provide $6 billion in development works in the next 4/5 years during PM's trip. While during her China visit, China signed deals and MoUs with Bangladesh over various projects including construction of a tunnel under the river Karnaphuli.
Employment of 1.9 million people next year
In reply to another question, Planning Commission (GED) member Shamsul Alam said,"There will be employment of 1.9 million people. 1% GDP growth translates into employment of 250 thousand people. So, 7% projected growth rate of GDP will mean that 1.9 million people will be employed next year."
bdnews24.com
Elevated highway from Dhaka-Ctg contemplated: Lotus Kamal
Senior Correspondent, bdnews24.com
Published: 2014-06-15 21:43:14.0 BdST Updated: 2014-06-15 21:43:14.0 BdST
Planning Minister AHM Mustafa Kamal (Lotus Kamal) has said government has been contemplating to construct metro rail network in Dhaka and elevated expressway from Dhaka to Chittagong.
"We have decided to carry out feasibility studies for construction of elevated-expressway from Dhaka to Chittagong and laying metro-rail network in Dhaka. However, approval Committee's decisions are not final," Minister said at a press briefing organized by Planning Commission at the conference room of National Economic Commission (NEC).
Minister also said, "First project has been proposed to be implemented under Public- Private Partnership (PPP). ADB, JICA and other Chinese and Japanese private companies have shown keen interest to finance in good projects."
1,500 projects are being implemented. ECNEC has approved 203 projects at a projected cost of Tk 1195.29 billion. Tk 600 billion has been allocated to the revised ADP, of which 67% was spent.
Minister said,"We are optimistic that by June we can spend most of the allocated fund."
Look East Policy
In reply to a question, planning minister said government should have embarked on its 'Look East policy' much earlier.
Recently, Prime Minister visited Japan and China. Japan pledged to provide $6 billion in development works in the next 4/5 years during PM's trip. While during her China visit, China signed deals and MoUs with Bangladesh over various projects including construction of a tunnel under the river Karnaphuli.
Employment of 1.9 million people next year
In reply to another question, Planning Commission (GED) member Shamsul Alam said,"There will be employment of 1.9 million people. 1% GDP growth translates into employment of 250 thousand people. So, 7% projected growth rate of GDP will mean that 1.9 million people will be employed next year."