November 13, 2022
1 min read

Hasina inaugurates construction of China-funded expressway

The project, estimated at cost of 175.53 billion taka (1.72 billion U.S. dollars) will enable quick entry and exit of vehicles to and from Dhaka…reports Asian Lite News

Bangladeshi Prime Minister Sheikh Hasina on Saturday virtually inaugurated the construction of a China-funded elevated expressway project.

she opened the construction work virtually for the 24-km Dhaka-Ashulia Elevated Expressway from her official residence, Xinhua reported.

The project, estimated at cost of 175.53 billion taka (1.72 billion U.S. dollars) will enable quick entry and exit of vehicles to and from Dhaka and facilitate transit trade with regional countries.

“The project will improve the transportation infrastructure of Bangladesh and promote its vital role in regional connectivity,” Xinhua quoted Chinese Ambassador to Bangladesh Li Jiming as saying.

It echoes the purpose of China’s Belt and Road Initiative (BRI) to promote infrastructural connectivity, and stands as another example of how Bangladesh’s Vision 2041 plan and the BRI integrate and benefit the peoples of both countries.

According to the Xinhua reports, Bangladesh has already signed a deals with the China National Machinery Import and Export Corporation (CMC) to build the elevated expressway from Hazrat Shahjalal International Airport in Dhaka to Ashuli.

The project will be implemented with Chinese financial assistance on a government-to-government basis.

The plans for improving 14.28 km of existing road and constructing toll stations, exit and entry ramps and other ancillary works have also been included in the elevated expressway project, which will be implemented in five years.

Upon completion, it will allow 40 million people from 30 districts in the country to enter and exit Dhaka quickly and easily, Xinhua reported.

ALSO READ: Kolkata Port upbeat after trials through Bangladesh ports

Previous Story

Top UN envoy seeks lifting of Syria sanctions

Next Story

Is it irony that history seems to repeat itself?

Latest from -Top News

India fast-tracks FTAs as US drags feet

As India cements its position as a global trading force with a flurry of new free trade agreements, including a landmark pact with the United Kingdom, negotiations with the United States continue

Modi Lands in Malé for Big Day

PM Modi is visiting the Maldives at the invitation of President Muizzu to participate as the Guest of Honour at the country’s 60th Independence Day celebrations…reports Asian Lite News Prime Minister Narendra

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK
Go toTop

Don't Miss

UN Convoy Attacked in Mali, Two Bangladeshi Peacekeepers Injured

The mission was charged with supporting the political process for

B’desh bans arrivals from Nepal

Bangladesh on Saturday detected its first cases of a highly