bongbang
SENIOR MEMBER
- Joined
- Dec 15, 2014
- Messages
- 3,349
- Reaction score
- -4
- Country
- Location
THIRD TERMINAL AT DHAKA AIRPORT
China or Jica - ministry undecided
The Civil Aviation and Tourism Ministry has sought the Finance Division’s advice on whether to build a third terminal at the Dhaka airport with Chinese or Jica financing.
According to sources, the Civil Aviation Ministry is in fact now in a dilemma because both the Chinese government and the Japan International Cooperation Agency (Jica) are among the biggest development partners of Bangladesh and both have shown interest in financing the project.
Civil Aviation and Tourism Minister Rashed Khan Memon has recently wrote to Finance Minister AMA Muhith, seeking the latter’s opinion in this regard immediately.
According to the letter that the Dhaka Tribune has seen, the ministry was almost ready to sign a memorandum of understanding (MoU) with the Chinese government under the G2G scheme for the project.
This preparation was made after Prime Minister Sheikh Hasina told authorities several months ago to implement the project with Chinese assistance.
However, on his return from a visit to China last month, Finance Minister Muhith said Bangladesh should be careful while implementing projects with Chinese expertise and financing.
Recently, after Jica showed interest in financing the project, the Civil Aviation Ministry fell could not decide which party to choose as Bangladesh has good terms with both.
Menon’s letter also says that the Hazrat Shahjalal International Airport in Dhaka is now a major international communication route and a total of seven million passengers travel through it every year.
Experts predict that the number will rise to eight million by the end of 2018 and so the third terminal has become absolutely mandatory.
Ministry sources said that three consultancy firms – one each from South Korea, Singapore and Bangladesh – have already conducted feasibility study, laid out a master plan and basic design of the third terminal at a cost of Tk39 crore. Estimated cost of the project, slated for a start sometime between 2016 and 2018, will be Tk13,465 crore.
The letter reads that the duration of the project will be four years.
Earlier, in June 2014, after the Civil Aviation Ministry got the nod for building the terminal, the Economic Relations Division (ERD) approached Jica for a financing proposal but they did not respond at that time.
Besides China, the government of Malaysia had also shown interest in building the terminal under the G2G (government to government) scheme.
- See more at: China or Jica - ministry undecided | Dhaka Tribune
China or Jica - ministry undecided
The Civil Aviation and Tourism Ministry has sought the Finance Division’s advice on whether to build a third terminal at the Dhaka airport with Chinese or Jica financing.
According to sources, the Civil Aviation Ministry is in fact now in a dilemma because both the Chinese government and the Japan International Cooperation Agency (Jica) are among the biggest development partners of Bangladesh and both have shown interest in financing the project.
Civil Aviation and Tourism Minister Rashed Khan Memon has recently wrote to Finance Minister AMA Muhith, seeking the latter’s opinion in this regard immediately.
According to the letter that the Dhaka Tribune has seen, the ministry was almost ready to sign a memorandum of understanding (MoU) with the Chinese government under the G2G scheme for the project.
This preparation was made after Prime Minister Sheikh Hasina told authorities several months ago to implement the project with Chinese assistance.
However, on his return from a visit to China last month, Finance Minister Muhith said Bangladesh should be careful while implementing projects with Chinese expertise and financing.
Recently, after Jica showed interest in financing the project, the Civil Aviation Ministry fell could not decide which party to choose as Bangladesh has good terms with both.
Menon’s letter also says that the Hazrat Shahjalal International Airport in Dhaka is now a major international communication route and a total of seven million passengers travel through it every year.
Experts predict that the number will rise to eight million by the end of 2018 and so the third terminal has become absolutely mandatory.
Ministry sources said that three consultancy firms – one each from South Korea, Singapore and Bangladesh – have already conducted feasibility study, laid out a master plan and basic design of the third terminal at a cost of Tk39 crore. Estimated cost of the project, slated for a start sometime between 2016 and 2018, will be Tk13,465 crore.
The letter reads that the duration of the project will be four years.
Earlier, in June 2014, after the Civil Aviation Ministry got the nod for building the terminal, the Economic Relations Division (ERD) approached Jica for a financing proposal but they did not respond at that time.
Besides China, the government of Malaysia had also shown interest in building the terminal under the G2G (government to government) scheme.
- See more at: China or Jica - ministry undecided | Dhaka Tribune