ECNEC okays 6 projects worth Tk 6,628 cr...

Dhaka, Tuesday   27 October 2020

ECNEC okays 6 projects worth Tk 6,628 cr

 Staff Correspondent

 Published: 05:44 PM, 1 September 2020   Updated: 05:58 PM, 1 September 2020

Prime Minister Sheikh Hasina presided over the meeting of the ECNEC virtually from her official Ganobhaban residence. Photo: PID

Prime Minister Sheikh Hasina presided over the meeting of the ECNEC virtually from her official Ganobhaban residence. Photo: PID

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved six projects involving an overall estimated cost of Tk 6,628.99 crore.

One of the projects is for upgrading Sylhet-Tamabil highway into four-lane, including a separate SMVT, involving an estimated cost of Tk 3,586.04 crore to boost Bangladesh’s trade and commerce, export and import by establishing sub-regional road connectivity with India, Bhutan, Nepal, Myanmar and China. 

The approval came from a meeting of the ECNEC held with its Chairperson and Prime Minister Sheikh Hasina in the chair. The premier presided over the meeting virtually from her official Ganobhaban residence while concerned ministers, state ministers and secretaries joined the meeting from the NEC Conference Room in the capital’s Sher-e-Bangla Nagar area. - Reports BSS

After the meeting, Planning Minister MA Mannan told reporters that of the total project cost, Tk 2,071.10 crore will come from the government of Bangladesh while Taka 4,593.89 crore as loan assistance,”

Of the approved six projects, two are new while four are revised projects.  

The planning minister said that the Department of Roads and Highways will implement the Sylhet-Tamabil Highway Upgradation project by June 2025 to be implemented at Sylhet Sadar, Dakshin Surma, Jyointapur and Gowainghat upazilas. 

“This highway upgradation project will establish cross-border connectivity, ease communication with the land port, economic zone and export processing zone as well as promote tourism,” he said, adding that the Asian Infrastructure Investment Bank (AIIB) will extend Tk 2,970.55 crore as loan assistance for the project.

The project will also pave the way for boosting Bangladesh’s export-import as well as trade and commerce with the South and East Asian countries, especially with India’s Asam and Tripura, Mannan said.

The planning minister also reiterated that the government has a plan to upgrade all the inter-district, and national highways into four-lane.

The main project operations include construction of 56.16 km road pavements, 55.43 lakh cubic meter land works, construction of 21 bridges with a length of 1,939.84 meters, construction of 49 culverts, 10 foot-over bridges, one toll plaza, one excess load control.