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Bangladesh,China : CRCC inks Padma Bridge rail link contract with Bangladesh
Publish Date : 12-Aug-2016
China Railway Construction Corporation (CRCC) has entered into a contract with the Bangladeshi government for construction of a new east-west railway via the 6.2km road-rail Padma Bridge. This contract is worth Taka 276.5bn ($US 3.5bn).
During last month, approval was granted to begin with the construction of the 215km Padma rail link from Dhaka to Jessore, and CRCC was commissioned to construct the line which is due to be completed by June 2022. Funding for the project will be arranged by the Bangladeshi government (Taka 29bn) and through a soft loan from China (Taka 247bn).
The project covers the construction of 66 major bridges, 244 minor bridges, 14 new stations and the procurement of 100 passenger coaches.
Construction of the line will be for 120km/h operation, and forms part of Trans-Asian Railway (TAR) project, aiming at developing an integrated freight railway network across Europe and Asia.
Director general of the Bangladesh Railway, Mr Amzad Hossain, and deputy general manager of CRCC subsidiary, China Railway Eryuan Engineering Group (CREEC), Mr Zhang Zuecai signed the contract in Dhaka.
Construction of the Padma Bridge started in December 2014 and its completion is expected in December 2018.