Thursday, 28th October , 2021, 11:40 pm,BDST

$1127m loan for Dhaka-Ashulia Elevated Expressway



Bangladesh and China have signed an agreement of USD 1126.99 million for construction of the Dhaka-Ashulia Elevated Expressway project — aiming to reduce traffic congestion.

China’s Exim Bank will provide the USD 1126.99 million to Bangladesh government as preferential buyer’s credit (PBC), according to a press release from Ministry of Finance issued today.

The deal was signed on Tuesday (October 26).

As per the PBC agreement, annual interest rate is two percent and loan repayment period is 20 years including five years’ grace period, the release said.

The release also said, the main objective of the project is to minimise the traffic congestion in and around Dhaka-Ashulia. The project will be connected to the Dhaka Elevated Expressway and is located within the alignment of the Asian Highway.

“If this project is implemented, the traffic congestion in Abdullahpur-Ashulia-Bypail-Chandra corridor connecting Dhaka with 30 districts will be greatly reduced,” it added.

Comments are closed

পেপার কর্ণার
Last News BD
islame bank
অনলাইন জরিপ
আজকের প্রশ্ন >

Do you think BNP will participate coming election?

View Results

Loading ... Loading ...
আর্কাইভ
October 2021
S S M T W T F
 12
3456789
10111213141516
17181920212223
24252627282930
মতামত
সাক্ষাৎকার
জেলার খবর
Rangpur

    রংপুরের খবর

  • Structures Rongpur power plant have been tilted
  • Northern district is not militant free: IGP
  • "We are the opposition party": Ershad
  • Another Bangladeshi killed by BSF in Kurigram
  • Police arrested 58 people from several upazilas
  • AL leader murdered in Natore
  • 123km human chain against militancy
  • Priest murder accused held in Sholakia: Police
  • 3 of a family electrocuted in Lalmonirhat
  • Truck, Covered Van collision kills 2 at Rupnagar

Do you think BNP will participate coming election?

  • yes (63%, 25 Votes)
  • no (23%, 9 Votes)
  • no comment (14%, 6 Votes)

Total Voters: 40

Start Date: December 17, 2017 @ 5:58 pm
End Date: No Expiry

Will you agree with the statement of BNP general secretary Mirza Fakhrul Islam Alamgir that Government try to give big budget to cut pockets of the hostage people?

  • yes (80%, 8 Votes)
  • no (20%, 2 Votes)
  • no comment (0%, 0 Votes)

Total Voters: 10

Start Date: May 31, 2017 @ 8:43 pm
End Date: No Expiry

Do you think dialogue with president will be beneficial for political party's?

  • yes (63%, 5 Votes)
  • no (25%, 2 Votes)
  • no comment (12%, 1 Votes)

Total Voters: 8

Start Date: December 17, 2016 @ 2:00 am
End Date: No Expiry

How Is My Site?

  • Good (0%, 0 Votes)
  • Excellent (0%, 0 Votes)
  • Bad (0%, 0 Votes)
  • Can Be Improved (0%, 0 Votes)
  • No Comments (100%, 0 Votes)

Total Voters: 0

Start Date: December 17, 2016 @ 1:55 am
End Date: No Expiry