Recent Urban development in Bangladesh

[Bilal9]

Some new structures planned

 

[Bilal9]

Shanta Properties Primark

 

[Bilal9]

 

[Bilal9]

Dhaka Airport 3rd Terminal to be inugurated by year-end

Agargaon slums removed - turned into govt. office complexes

Dhaka to Mawa controlled entry/exit expressway

Walking a middle class neighborhood in Dhaka

Elenga-Rangpur 4 lane Highway in Northern Bangladesh - construction continues...

 

[Bilal9]

Dhaka MRT6 stations updates - Unfortunate "khat" color choices for the iconic stations.

 

[Bilal9]

 

[Bilal9]

Massive effort underway to bury power and telecom cables in all Dhaka neighborhoods.

 

[bluesky]

Massive effort underway to bury power and telecom cables in all Dhaka neighborhoods.

About 30 years ago, the Govt of Japan thought similarly. It wanted Tokyo and other big cities to hide power cables underground. Japan finally thought it better not to waste money on it when the hanging between poles system itself is too efficient.

I will keep on watching how many billions of dollars the GoB will seek from the donors to undertake such a massive project.

When the govt is unable to stop waterlogging in Dhaka, it is talking about underground cable routes as if BD is already another Europe.

In my personal opinion, new cable lines can easily be dug below the surface, but not the already existing lines. It becomes very difficult to bury the existing hanging lines.

 

[Bilal9]

7 Playgrounds and parks around Dhaka opened up for kids' use again with adequate lighting, CCTV cameras and restroom facilities. Some of these had illegal slum encroachments prior - now all cleaned up.

 

[Destranator]

Saudi Sabinco Tower, Nikunja

Location: Northernmost plot on Airport Rd, adjacent to Le Meridien hotel

Purpose: Shops, offices (including office for Saudi Bangladesh Industrial and Agricultural Investment Company) and apartments

17 storied with 3 underground levels for parking

Saudis...

 

[Bilal9]

Saudis...

Bhai shopno dekhtey khoti nai.

I think though however they have a nice medium sized setup already in Bangladesh - USD 60 million in paid up capital. They make money by loaning their oil money and the amount of loans demanded is increasing day by day.

Their Business:

• Approved 141 ventures in various industrial/financial/ institutional sub-sectors of the country.
• Approved ‘wholesale financing’ to a leading financial institution and a leading NGO for reinvesting in the SME and micro finance sectors.
• Projects so far financed are in the various sectors viz. Agriculture, Chemicals, Cement, Electronics & Electrical, Food Production & Processing & Rice Mills, Glass & Ceramics, Iron Steel & Engineering, Pharmaceuticals, Power, Textiles, Telecom & IT.
• Of 141 projects financed, 103 projects have already fully settled their loan liabilities. Thus, the total count of live projects is 38.
• As on 31 December 2021 total loan and investment stands as under:

Total Loan outstanding : Taka 3,770.80 million

Total Investments : Taka 500.63 million

Total Loan and Investments : Taka 4,271.43 million

Among some projects they loaned money to,

Omera LP Gas

Solar Plant in CXB

Seafood Farming Fisheries sector

 

[bluesky]

7 Playgrounds and parks around Dhaka opened up for kids' use again with adequate lighting, CCTV cameras and restroom facilities. Some of these had illegal slum encroachments prior - now all cleaned up.

Dhaka is becoming near to Tokyo and other Japanese cities. Here, every Mahalla has a few children's parks fitted with public toilets and drinking water even within Tokyo.

Larger parks are gardens good for adults with children. Japan is a country of flowers. I wish BD to become more like Tokyo and Singapore.

I remember the flower gardens in Singapore both sides of the road while going from the airport.

Dhaka should emulate good cities of Asia. Our two Mayors are very active. A PM alone cannot develop a country/ City.

 

[Bilal9]

Dhaka is becoming near to Tokyo and other Japanese cities. Here, every Mahalla has a few children's parks fitted with public toilets and drinking water even within Tokyo.

Larger parks are gardens good for adults with children. Japan is a country of flowers. I wish BD to become more like Tokyo and Singapore.

I remember the flower gardens in Singapore both sides of the road while going from the airport.

Dhaka should emulate good cities of Asia. Our two Mayors are very active. A PM alone cannot develop a country/ City.

Now think what we could do once our GDP per capita nominal gets close to Japan's level (which is fifteen or more times that of ours).

 

[bluesky]

Now think what we could do once our GDP per capita nominal gets close to Japan's level (which is fifteen or more times that of ours).

15 times seems to be a small number. But, Japan's GDP is $5,000 billion that tops the individual GDP of the UK, Germany and France. Together their GDP is $9.198 billion against Japan's $5,000 billion.

BD cannot be even compared with Denmark because this country is also a donor country to BD. Receiving hands always lay below the giving hands. Denmark GDP is $325 billion.

You guys dream building a castle in the sky when BD's industrial output is almost zero without non-textile industrial contributions. BD is servicing a total of $78 billion matured foreign loans that will increase with more loans being matured every single year.

BD has to think how to develop without asking for foreign loans. This will cause drag on the BD economy in the near future.

However, Dhaka development works are different. The money comes from the internal resources. However, The GoB has borrowed $128 billion from the domestic sources, but foreign companies are not involved in the Dhaka projects.

Thanks to the two great Mayors of Dhaka for being active and imaginative.

 

[Homo Sapiens]

Now think what we could do once our GDP per capita nominal gets close to Japan's level (which is fifteen or more times that of ours).

A country's look is more closely aligned with the GDP in Purchasing Power Parity(PPP) than Nominal. Because PPP compare things with one yardstick (US market) than Nominal which is subject to exchange rate manipulation. Developing world's local currency is artificially undervalued relative to US Dollar which starts to gain value once those countries catch up with the developed countries. exchange rate sometimes fluctuates wildly often local currency loose value massively against US Dollar which will collapse the Nominal GDP. If our Taka suddenly lose half of its value aganist the US Dollar and start trading at 170 per Dollar, our nominal GDP will show just 200 billion Dollar rather than 400 Billion currently now, but GDP PPP will remain the same. Now if anyone thinks, GDP nominal is the real yardstick, he may think our agricultural+Industrial+Service output suddenly became half, which is not the case. Only Taka lost value, but real things on the ground remain the same.

Indonesia, Vietnam has nominal GDP Per capita of just 4000 US Dollar. But those countries look way more developed than that measly 4000 Dollar nominal per capita GDP suggests. You can only truly grasp their real development when you will consider their GDP PPP per capita which is 13000-14000 US Dollars range. A 100 Dollar bill in Indonesia or Vietnam can buy goods and services 3 times more than it can in Japan, USA and Western Europe. This is why prosperity or development should be compared with GDP PPP per capita rather than nominal. Nominal is only important when goods and services are traded internationally. That is the only time when local currency's real value become meaningless and Dollar's exchange rate becomes the only denominator.