The Daily Star reported that a Chinese company has proposed building a metro rail line in Chattogram and reclaiming land from the sea to build a 60-square kilometer smart city between Patenga and Mirsharai in exchange for a share of the latter.The proposed metro will be 20km, connecting the Chattogram train station and the airport at a cost of USD 2.2 billion. The company will bear the entire cost, including the feasibility study needed for the metro.The proposal mentions that a Bangladeshi company will be a partner of the projects. But it does not say how the reclaimed land will be shared, how the proceeds will be divided, and the name of the Chinese company.The authorities want to get the discussions and signing of a treaty done by May 2023, a complete financial closure by December 2023 and physical work by 2027.
The Daily Star reported that a Chinese company has proposed building a metro rail line in Chattogram and reclaiming land from the sea to build a 60-square kilometer smart city between Patenga and Mirsharai in exchange for a share of the latter.The proposed metro will be 20km, connecting the Chattogram train station and the airport at a cost of USD 2.2 billion. The company will bear the entire cost, including the feasibility study needed for the metro.The proposal mentions that a Bangladeshi company will be a partner of the projects. But it does not say how the reclaimed land will be shared, how the proceeds will be divided, and the name of the Chinese company.The authorities want to get the discussions and signing of a treaty done by May 2023, a complete financial closure by December 2023 and physical work by 2027.
