Padma Bridge: Target to generate 1,600C a year in tolls

[bluesky]

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Padma Bridge: Target to generate 1,600C a year in tolls
The construction cost will be realized from tolls within 36 years

Toll plaza of Padma Multipurpose Bridge Mahmud Hossain Opu
UNB
June 26, 2022 2:31 AM
The Padma Bridge will add 1.2% to the country's gross domestic product (GDP) in a year by easing connectivity between the capital and Mongla and Payra ports.

According to Bangladesh Bureau of Statistics (BBS) the bridge will add Tk42,362.21 crore to the GDP, which is equal to 1.2% of GDP.
The bridge Division of government took loans of Tk 30193 crore from the finance division which is estimated to be paid by 36 years along with 1% interest. The money will be collected as tolls from the vehicles that travel through the Padma Bridge.

Since the inauguration of the Padma Bridge, the bridge authorities have set a target of collecting a toll of Tk133.66 crore per month. That money will be repaid in 140 installments. For this, the government wants to collect a toll of Tk1,603.97 crore annually.

The government has already fixed toll rates on vehicles. There are two types of toll collection on the largest bridge in the country. One of these is that tolls can be paid directly. Drivers will be able to pay the toll by showing the card by recharging in advance. Vehicles do not have to stop for this at the toll plaza.

The Padma Bridge Project Director Shafiqul Islam told the UNB the Padma Bridge, a biggest project ever of the country, was built with the money of the people of the country.

“After the inauguration, the toll of the bridge will be collected by Korea Express Corporation and China Major Bridge Company. The government has already appointed them,” he said.
Besides collecting tolls, the companies will also repay the loan of the bridge, and the management and maintenance works will also be done by them.

Shafiqul said the money spent to construct the bridge would come up in 30 to 35 years.

However, if the estimated toll collection target is achieved timely, it will be possible to collect the full cost of the bridge by 20 to 25 years

 

[Canned Knight]

Impressive

 

[bluesky]

Padma Bridge toll rates

Prime Minister Sheikh Hasina inaugurated the bridge on Saturday

www.dhakatribune.com

Padma Bridge toll rates​

Prime Minister Sheikh Hasina is set to inaugurate the bridge this morning

Toll plaza of Padma Multipurpose Bridge Mahmud Hossain Opu
Tribune Desk
June 25, 2022 1:40 PM
Prime Minister Sheikh Hasina is set to inaugurate the much-cherished Padma Bridge on Saturday morning.
The bridge is set to connect 21 southwestern districts through roads and railways with the capital and other areas of Bangladesh.
The 6.15km bridge will be opened to traffic on Sunday.

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Here is what you will have to pay to use the bridge:

• Motorcycle - Tk100
• Car/Jeep - Tk750
• Pickup - Tk1,200
• Microbus - Tk1,300
• Minibus - Tk1,400
• Medium bus - Tk2,000
• Big bus - Tk2,400
• Truck (upto 5 tonnes) - Tk1,600
• Truck (5-8 tonnes) - Tk2,100
• Truck (3 axle) - Tk5,500
• Trailer (4 axle) - Tk6,000
• Tailer (above 4 axle) - Tk6,000+

 

[Abu Shaleh Rumi]

Construction cost will be recovered much faster...

 

[Protest_again]

Padma Bridge toll rates

Prime Minister Sheikh Hasina inaugurated the bridge on Saturday

www.dhakatribune.com

Padma Bridge toll rates​

Prime Minister Sheikh Hasina is set to inaugurate the bridge this morning

Toll plaza of Padma Multipurpose Bridge Mahmud Hossain Opu
Tribune Desk
June 25, 2022 1:40 PM
Prime Minister Sheikh Hasina is set to inaugurate the much-cherished Padma Bridge on Saturday morning.
The bridge is set to connect 21 southwestern districts through roads and railways with the capital and other areas of Bangladesh.
The 6.15km bridge will be opened to traffic on Sunday.

ADVERTISEMENT

Here is what you will have to pay to use the bridge:

• Motorcycle - Tk100
• Car/Jeep - Tk750
• Pickup - Tk1,200
• Microbus - Tk1,300
• Minibus - Tk1,400
• Medium bus - Tk2,000
• Big bus - Tk2,400
• Truck (upto 5 tonnes) - Tk1,600
• Truck (5-8 tonnes) - Tk2,100
• Truck (3 axle) - Tk5,500
• Trailer (4 axle) - Tk6,000
• Tailer (above 4 axle) - Tk6,000+

How long is this bridge? 750 for a car is a rip off. 2400 for a bus? Damn.

I imagine that since there aren't many cars in the country, they are fleecing those who have one.

MOTORCYCLE should be allowed for free.

Here is the toll rates for Bandra-Worli Sea link which is almost similar in length.

Drive through the Bandra Worli Sea Link (BWSL) is to get costlier from April 1 since the toll rates will increase by Rs 15 to Rs 85 from the current Rs 70 for car jeeps etc for a one-way journey as part of a 18 per cent triennial hike. Similarly for a return journey car users will be paying now Rs 127.5 from current Rs 105.

 

[Destranator]

The fact that this bridge exists is a miracle given how rough and deep Padma is. The steep tolls are justified given the high cost of construction, ongoing maintenance and security and economic benefits. The tolls are a drop in the bucket for commercial vehicles given what businesses stand to again. As for personal commutes, just take public transport if you don't want flesh out 750 for driving across. Besides, the ferry is always available for haters.

 

[Bilal9]

The fact that this bridge exists is a miracle given how rough and deep Padma is. The steep tolls are justified given the high cost of construction, ongoing maintenance and security and economic benefits. The tolls are a drop in the bucket for commercial vehicles given what businesses stand to again. As for personal commutes, just take public transport if you don't want flesh out 750 for driving across. Besides, the ferry is always available for haters.

Ferry has a toll too, and is not that cheap....

 

[Destranator]

The increased economic activity will result in significant increase in tax revenue generation. The government will get full return on investment in no time.

 

[UKBengali]

This bridge will be a game changer for the economy of the SW and the people living there.

It will return many times the cost of building it. As well as tolls the extra economic activities and tax revenues to the government on the back of this.

Same for nearly all other construction projects in BD.

No "white elephants" projects in BD unlike some other countries.

 

[Bilal9]

How long is this bridge? 750 for a car is a rip off. 2400 for a bus? Damn.

I imagine that since there aren't many cars in the country, they are fleecing those who have one.

MOTORCYCLE should be allowed for free.

Here is the toll rates for Bandra-Worli Sea link which is almost similar in length.

Drive through the Bandra Worli Sea Link (BWSL) is to get costlier from April 1 since the toll rates will increase by Rs 15 to Rs 85 from the current Rs 70 for car jeeps etc for a one-way journey as part of a 18 per cent triennial hike. Similarly for a return journey car users will be paying now Rs 127.5 from current Rs 105.

Bangladesh is not India.

We don't worry about going to the loo - just because we will get hungry again and lunch will cost money.

 

[SMX 3.0]

Bangladesh is not India.

We don't worry about going to the loo - just because we will get hungry again and lunch will cost money.

Yes, obviously.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

 

[Rushd Alam]

Yes, obviously.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

Lol gave wrong data, purposefully and got caught redhanded.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

Bangladesh has 0% open defication

Look at India...


Another ranking here

Countries ranked by People practicing open defecation (% of population)

www.indexmundi.com

Data shows indians have access to toilets now after Modies project. But still people deficate on the open, these people are obsessed with feces be it of a cow or human.

Look at this article by NDTV

Truth vs Hype: Crores of Swachh Bharat Toilets, But Where are the Users?

Truth vs Hype: Crores of Swachh Bharat Toilets, But Where are the Users?

The Swachh Bharat mission's claims of constructing one crore toilets in one year suggest that like the UPA, the NDA government is focused almost solely on meeting construction targets. It also means that it has spent close to Rs 12,000 crore of the programme's whopping Rs 1.34 lakh crore budget...

www.ndtv.com

 

[SMX 3.0]

Lol gave wrong data, purposefully and got caught redhanded.

It literally says safely managed sanitation, doofus.

Even for basic sanitation access...

World Bank Open Data

Free and open access to global development data

data.worldbank.org

WHO-UNICEF JMP doesn't count your direct-discharge-to-waterbodies toilets as proper sanitation, that's why your percentage of access is 17% lower than that of India..

I learned that not one household I surveyed had access to a septic tank. Generally people connect their drain pipes to the nearby river which is heavily polluted, the water is totally black,” said Humayra.

Breaking down barriers: UNICEF volunteers lead sanitation survey across Bangladesh

Young volunteers gain new skills and give back to their communities

www.unicef.org

Cope harder. You're way behind & WHO- UNICEF JMP has called out your fraud sanitation program.

 

[UKBengali]

Guys, are we able to stop engaging one of Nilgiri's incarnations please?

It is only ruining some pretty good threads.

 

[fallstuff]

How long is this bridge? 750 for a car is a rip off. 2400 for a bus? Damn.

I imagine that since there aren't many cars in the country, they are fleecing those who have one.

MOTORCYCLE should be allowed for free.

Here is the toll rates for Bandra-Worli Sea link which is almost similar in length.

Drive through the Bandra Worli Sea Link (BWSL) is to get costlier from April 1 since the toll rates will increase by Rs 15 to Rs 85 from the current Rs 70 for car jeeps etc for a one-way journey as part of a 18 per cent triennial hike. Similarly for a return journey car users will be paying now Rs 127.5 from current Rs 105.

Hasina figured out the best way to keep the Indians off is to charge this rate !
She is brilliant.