South Korea to develop USD11.4 billion Metro rail PPP project in Bangladesh
The Government of Bangladesh has joined hands with South Korea to build Bangladesh’s second metro rail network in Chattogram.
The Public Private Partnership Authority of Bangladesh, Korea Overseas Infrastructure and Urban Development Corporation, and the South Korean government had jointly organized a meeting on March 2nd in which the Korean government had put a proposal for the metro rail project. The proposal is currently under review.
The BDT 1 trillion (US$11.4 billion) metro rail network includes three to four routes connecting Mirsarai Economic Zone, industrial areas and the growth centers on the outskirts of the city.
Country news
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March 10, 2020
Financial close for the major road PPP in Bangladesh
First Dhaka Elevated Expressway Company, Ltd. (FDEE), a project company owned by China Shandong International Economic & Technical Cooperation Group Ltd (CSI), Sinohydro Cooperation and Italian-Thai Development Public Company Limited (ITD) has reached financial close for the Dhaka Elevated Expressway Public-Private Partnership (PPP) project in the capital of Bangladesh.
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May 22, 2018
Suez and Veolia win US$325 million BOT water contract in Dhaka
The Dhaka Water Supply & Sewerage Authority (WASA) has awarded SUEZ and Veolia the contract to build and operate a drinking water production plant in Gandharbpur, Bangladesh, after an international call for tender.
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December 27, 2017
Tender launched for hospital and medical school in Bangladesh
The Public Private Partnership Authority of Bangladesh has launched a tender on behalf of Bangladesh Railway for a DBFOT contract regarding a hospital and medical school in Chittagong.
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August 28, 2017
Sembcorp reaches FC on a gas-fired power PPP
Sembcorp has announced the financial close on the Sirajganj greenfield gas-fired power PPP project in Bangladesh.
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July 20, 2017
ADB approves US$526 MM to finance Bangladesh PPPs
The Asian Development Bank (ADB) has approved a US$526 million multitranche financing facility (MFF) to help sustain and increase infrastructure investments in Bangladesh, particularly in financing public-private partnership (PPP) projects as well as renewable energy interventions.
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