Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
Development of the country is not possible through the implementation of mega projects alone and without the human resource properly developed, said a noted economist.
The chronic inefficiencies of Bangladesh Railway must be addressed
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.
It is a matter of great misfortune, as well as of disappointment and uncertainty, that democracy in Bangladesh is practically absent now.
After the Awami League government came to power in 2009, it took up several gigantic development projects with a view to transforming the country’s communication and transport infrastructure.
The pitfall of measuring development based on macrodata is that it shows the big picture, but fails to account for development achieved, if at all, on a micro/personal level.
Work for the Dhaka-Ashulia Elevated Expressway project is yet to formally start but the deadline for the mega project is to expire in just over a month.
Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
Development of the country is not possible through the implementation of mega projects alone and without the human resource properly developed, said a noted economist.
The chronic inefficiencies of Bangladesh Railway must be addressed
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.
It is a matter of great misfortune, as well as of disappointment and uncertainty, that democracy in Bangladesh is practically absent now.
After the Awami League government came to power in 2009, it took up several gigantic development projects with a view to transforming the country’s communication and transport infrastructure.
The pitfall of measuring development based on macrodata is that it shows the big picture, but fails to account for development achieved, if at all, on a micro/personal level.
Work for the Dhaka-Ashulia Elevated Expressway project is yet to formally start but the deadline for the mega project is to expire in just over a month.
