Airport-Tejgaon portion of Dhaka Elevated Expressway to be opened in Sept: Quader
BI Report || BusinessInsider
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Road Transport and Bridges Minister Obaidul Quader has said the government has a plan to open a part of Dhaka Elevated Expressway from Airpot to Tajgaon for vehicular movement in September.
He said this while inspecting the progress of construction works of the Dhaka Elevated Expressway in Dhaka on Saturday.
The 11-kilometre expressway from Airport to Tejgaon will be inaugurated by Prime Minister Sheikh Hasina in September, Quader,also general secretary of the ruling Awami League, said.
The much-anticipated four-lane 19.73 km Dhaka elevated expressway, having 31 ramps, is being constructed under Public Private Partnership (PPP) to ease vehicular movement in and around the capital
According to the project, the First Dhaka Elevated Expressway (FDEE) Company Ltd is the investor company.
Italian Thai Development Public Company Ltd has 51 percent shares, China Shandong International Economic and Technical Co-operation Group (CSI)’s 34 percent and Sinohydro Corporation Ltd has 15 percent shares.
The total expenditure of the project is estimated at Tk 8,940 crore. Of the total cost, Tk 2,413 crore will be provided by Bangladesh government.
As per the project, the first contract was signed on January 19, 2011 and the reviewed agreement was signed on December 15, 2013 and the project completion period was from July 2011 to June 2024.
The total length of the elevated expressway is 46.73 km including 19.73 km main elevated portion, 31 ramps having 27 km long in and out route for vehicles.