Search on
News Title
News Details
Reports/Directory
Glossary
 
Title_head
Bangladesh seeks international bids for projects worth USD 10 billion
161 times viewed.
Thursday, 26 Nov 2009
EmailButton
Pdf_button

It is reported that Bangladesh Government is seeking international bids for a number of big ticket infrastructure projects which could collectively be valued at around USD 8 billion to USD 10 billion.

As per report these include an eight lane express highway between Dhaka, the country's political capital and Chittagong the commercial capital and the main trade gateway.

Mr Abul Maal Abdul Muhith Bangladesh's Finance Minister told Gulf News in an interview that "This could be worth anywhere from USD 3 billion to USD 4 billion.”

He added that besides, tenders for a large deep sea port will be invited soon, which could help the economies of India's seven landlocked states and the two Himalayan states of Nepal and Bhutan.

Mr Muhith said that "But we have made substantial progress in finalizing the plans to build the largest bridge over the river Padma. This could cost potentially USD 2.6 to USD 2.8 billion. Bids will be invited in a few months."

The deep sea port project will be carried out in two phases with the first having seven jetties and the second phase could see nine. This would be the South Asian country's first sea port, although Chittagong and Mongla ports serve as gateways to its economy.

In addition to this, Bangladesh is seeking massive investment in energy and power sector. The entire country has been divided into 22 energy blocks for exploration of oil and gas.

(Sourced from gulfnews.com)

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
Wire Mesh Manufacturers & Suppliers
Aluminium Sheets Manufacturers & Suppliers

jspl
Stemcor
More Indian News
 
Disclaimer|Copyright Policy|Privacy Policy|About us|Feedback|Contact us|FAQ|Site Map|Know about SteelGuru