Physical works of two mega infrastructure projects involving around Tk 70,000 crore will get underway this week, setting off a flurry of activities for the next several years.
While the government is distracted by elections, the financial economy will suffer
Such projects are enabling corruption and incompetence
Fixing priorities and assessing the social costs and economic benefits of large infrastructure projects have become important for Bangladesh as many of them are funded by costly suppliers’ credit, said Prof Wahiduddin Mahmud yesterday.
Japan is going to invest in Bangladesh's infrastructure projects under a new arrangement in which its companies will work under the government-to-government system without participating in any bidding.
When all major infrastructure projects are facing delays and cost escalation, the venture to build three new bridges on the Shitalakkhya, Meghna and Gumti rivers is making good progress. All of them are expected to be completed by the December 2018 deadline, and setting an example, will cost less than what was estimated in the development project proforma (DPP).