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ECNEC approves Maghbazar-Mouchak flyover in city
ECNEC approves Maghbazar-Mouchak flyover in city
FE Report
The ECNEC approved Tuesday a Taka 7.73 billion project for construction of 8.25-kilometre-long Maghbazar-Mouchak flyover to ease traffic jam, officials said.
The Executive Committee of the National Economic Council (ECNEC) in its meeting also approved 10 more projects involving a total cost of Tk 35.96 billion excluding the flyover.
The planning ministry officials said the government would construct the flyover with three components having 15 ramps.
The 1.805km-long component will be built from Satrasta (Tejgaon) to Syed Nazrul Islam Avenue (up to Ramna police station) via Maghbazar intersection.
The other two components are: 1.858km from New Eskaton to Rajarbagh via Maghbazar-Wireless Gate-Mouchak and 3.157km Rampura to Shantinagar via Mouchak and Malibagh intersections.
The government would invest Tk2.01 billion from its own exchequer and the remaining Tk5.72 billion will come from the Middle-Eastern donors - the Saudi government and the Organisation of Petroleum Exporting Countries (OPEC) fund.
Presided over by Prime Minister Sheikh Hasina, the meeting of the ECNEC also endorsed project for renovation of Lalmonirhat-Burimari road at cost of Tk5.59 billion aiming at boosting cross-border business in the country's impoverished northern region's land port Burimari.
A planning ministry official said the 93 kilometres Lalmonirhat-Burimari road, now in bad shape, would be upgraded to a four-lane, 36-feet width national highway by June 2013.
The government will invest Tk320 million from the domestic resources and will borrow Tk5.27 billion from the Indian US$1.0 billion state credit to build the road, scheduled to be completed by June 2013.
He said the existing 5.5 metres wide Lalmonirhat-Burimari road is now in a bad shape which affects transportation of goods through the Burimari frontier.
The ministry official said if the road is built, different goods-laden trucks and other vehicles would be able to ply frequently on the highways in a bid to facilitate business between the two neighbours.
Besides, the road link would help Bangladesh to do business with Nepal if India allows transit, he said.
The ECNEC approved nine other projects. These projects include: "increased supply of quality seed" at a cost of Tk 2.95 billion, Tk7.53 billion "sustainable rural infrastructure improvement", Tk1.20 billion "upgradation of Jatrabari-Kanchpur road to eight-lane" and Tk1.40 billion "rural infrastructure development" in the Aila-hit areas.
ECNEC approves Maghbazar-Mouchak flyover in city
FE Report
The ECNEC approved Tuesday a Taka 7.73 billion project for construction of 8.25-kilometre-long Maghbazar-Mouchak flyover to ease traffic jam, officials said.
The Executive Committee of the National Economic Council (ECNEC) in its meeting also approved 10 more projects involving a total cost of Tk 35.96 billion excluding the flyover.
The planning ministry officials said the government would construct the flyover with three components having 15 ramps.
The 1.805km-long component will be built from Satrasta (Tejgaon) to Syed Nazrul Islam Avenue (up to Ramna police station) via Maghbazar intersection.
The other two components are: 1.858km from New Eskaton to Rajarbagh via Maghbazar-Wireless Gate-Mouchak and 3.157km Rampura to Shantinagar via Mouchak and Malibagh intersections.
The government would invest Tk2.01 billion from its own exchequer and the remaining Tk5.72 billion will come from the Middle-Eastern donors - the Saudi government and the Organisation of Petroleum Exporting Countries (OPEC) fund.
Presided over by Prime Minister Sheikh Hasina, the meeting of the ECNEC also endorsed project for renovation of Lalmonirhat-Burimari road at cost of Tk5.59 billion aiming at boosting cross-border business in the country's impoverished northern region's land port Burimari.
A planning ministry official said the 93 kilometres Lalmonirhat-Burimari road, now in bad shape, would be upgraded to a four-lane, 36-feet width national highway by June 2013.
The government will invest Tk320 million from the domestic resources and will borrow Tk5.27 billion from the Indian US$1.0 billion state credit to build the road, scheduled to be completed by June 2013.
He said the existing 5.5 metres wide Lalmonirhat-Burimari road is now in a bad shape which affects transportation of goods through the Burimari frontier.
The ministry official said if the road is built, different goods-laden trucks and other vehicles would be able to ply frequently on the highways in a bid to facilitate business between the two neighbours.
Besides, the road link would help Bangladesh to do business with Nepal if India allows transit, he said.
The ECNEC approved nine other projects. These projects include: "increased supply of quality seed" at a cost of Tk 2.95 billion, Tk7.53 billion "sustainable rural infrastructure improvement", Tk1.20 billion "upgradation of Jatrabari-Kanchpur road to eight-lane" and Tk1.40 billion "rural infrastructure development" in the Aila-hit areas.
