South Korea to develop USD11.4 billion Metro rail PPP project in Bangladesh
Date
March 23, 2022
Contracting Authorities
Public Private Partnership Authority of Bangladesh
Type
Project in planning
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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.
