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Hatirjheel - Amulia - Demra Expressway

Source: World Bank Group

Project
Active

This project consists of construction of an expressway between Dhaka, Narayanganj, Chattogram, Sylhet, and other southern and eastern districts, with total length of 13.5 km. Consortium of China Communication Construction Company (CCCC) and China Road and Bridge Corporation (CRBC) signed a 25-year concession agreement with the Roads and Highways Department (RHD) with an obligation to finance, buil

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The project "Hatirjheel - Amulia - Demra Expressway" is an infrastructure initiative in the Commercial, Road, Bridge, Government sector, located in N/A, Bangladesh. Taiyo aggregates data from World Bank Group, including information on sponsoring government bodies, EPCs, and contractors.

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Description

Description

This project consists of construction of an expressway between Dhaka, Narayanganj, Chattogram, Sylhet, and other southern and eastern districts, with total length of 13.5 km. Consortium of China Communication Construction Company (CCCC) and China Road and Bridge Corporation (CRBC) signed a 25-year concession agreement with the Roads and Highways Department (RHD) with an obligation to finance, build, operate and maintain the road. As per the agreement, the government will get the total toll amount, and the consortium will get a certain amount as "availability payment". Total investment of the project stands at $377.53 million, of which the sponsor provides $165.38 million and have already completed negotiating with a Chinese bank to get necessary funds. The reminder $138.23 million will come from the government and will be used for for land acquisition, resettlement, consultancy services, and expenses of the project implementation unit. Financial close took place on 9 January, 2022. https://www.daily-sun.com/post/598616/HatirjheelDemra-4lane-expressway-by-2026-RHD-signs-deal-with-Chinese-cos https://www.thedailystar.net/news/bangladesh/news/alternative-gateway-dhaka-2933516 https://www.observerbd.com/news.php?id=348040

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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