Bizdata Insights Main Logo

BizData Insights

Dhaka’s Third Metro Rail Line Hemayetpur to Vatara

Industry: Logistics, Logistics & Shipping

Dhaka Mass Transit Company Limited (DMTCL) has appointed a contractor for the construction of Dhaka’s third metro rail line, which will span from Hemayetpur to Vatara. The metro rail will cover a distance of 20 km and is estimated to cost approximately 41,238 crore 55 lakh taka (195 million dollars) at a rate of 2,062 crores per kilometer. The joint venture of TOA Corporation from Japan and Spectra Engineers from Bangladesh has been appointed for land development in the Hemayetpur metro rail depot area. The development cost per acre of land for this package is around 12 crore taka. The project is expected to commence in July, and upon completion, it will transport around 1.23 million passengers daily, covering the distance in approximately 32 minutes. DMTCL assures that the construction cost is reasonable, considering the use of modern technology, high-quality infrastructure, import dependencies, land acquisition, and other factors.

Source for more details:

Related News

City’s Planned Subway Network Stalls Due to Funding Delays

March 28, 2024

The planned subway network in the city has seen no physical progress due to funding challenges despite a viable feasibility study completed two years ago. Bangladesh Bridge Authority (BBA) sought investors and funding agencies' support without success

HSIA-Gazipur Route Enhanced with Seven Newly Opened Flyovers

March 25, 2024

Seven flyovers connecting Hazrat Shahjalal International Airport (HSIA) to Gazipur were inaugurated ahead of Eid, with a total cost of Tk 42.68 billion. Except for Bogura and Gazipur Chourasta, traffic has been permitted on the others for a few months. The flyovers are part of the Bus Rapid Transit (BRT) corridor project, featuring two 323m flyovers near HSIA, a 180m Jasimuddin flyover, 165m Uturn Gazipur and Uturn Open University flyovers each, a 240m Bogura flyover, and a 568m Gazipur Chourasta flyover.

Fly Dhaka Airlines to Launch as Bangladesh’s 12th Private Carrier

March 25, 2024

Fly Dhaka Airlines is set to become Bangladesh's 12th private airline, launching in November. Led by its CEO Lt General (retd) Molla Fazle Akbar, the airline prioritizes safety and affordability, having secured aircraft and working on acquiring the Air Operator's Certificate. Recruitment is ongoing, with plans to establish a strong domestic and international presence.

Govt to Develop Container Terminal-1 at Payra Port via PPP

March 24, 2024

The government's decision to develop Payra Port's Container Terminal-1 under Public Private Partnership was approved by the Cabinet Committee on Economic Affairs. The move aims to enhance trade infrastructure, alleviate congestion at Chattogram Port, and bolster competitiveness in international trade.

Govt Plans to Build Rail-Road Bridge Linking Cox’s Bazar and Matarbari Port

March 23, 2024

The government plans a major rail-cum-road bridge over the Karnaphuli River, linking Cox's Bazar and Matarbari deep-sea port, to enhance connectivity up to the maritime frontier. The bridge, second in scale to the Padma Multipurpose Bridge, aims to replace the century-old Kalurghat Bridge.

Biman Bangladesh Airlines Faces 35% Pilot Shortage

March 21, 2024

Biman Bangladesh Airlines is facing a 35% shortage of pilots but is continuing to expand routes, leading to concerns about passenger safety. Despite the shortage, the airline has added five new routes in the last year and a half. This has resulted in incidents where overstressed pilots have had to operate flights, compromising passenger safety. One pilot fell ill midair and had to make an emergency landing due to not being able to decline the flight assignment.

Related News

City’s Planned Subway Network Stalls Due to Funding Delays

March 28, 2024

The planned subway network in the city has seen no physical progress due to funding challenges despite a viable feasibility study completed two years ago. Bangladesh Bridge Authority (BBA) sought investors and funding agencies' support without success

HSIA-Gazipur Route Enhanced with Seven Newly Opened Flyovers

March 25, 2024

Seven flyovers connecting Hazrat Shahjalal International Airport (HSIA) to Gazipur were inaugurated ahead of Eid, with a total cost of Tk 42.68 billion. Except for Bogura and Gazipur Chourasta, traffic has been permitted on the others for a few months. The flyovers are part of the Bus Rapid Transit (BRT) corridor project, featuring two 323m flyovers near HSIA, a 180m Jasimuddin flyover, 165m Uturn Gazipur and Uturn Open University flyovers each, a 240m Bogura flyover, and a 568m Gazipur Chourasta flyover.

Fly Dhaka Airlines to Launch as Bangladesh’s 12th Private Carrier

March 25, 2024

Fly Dhaka Airlines is set to become Bangladesh's 12th private airline, launching in November. Led by its CEO Lt General (retd) Molla Fazle Akbar, the airline prioritizes safety and affordability, having secured aircraft and working on acquiring the Air Operator's Certificate. Recruitment is ongoing, with plans to establish a strong domestic and international presence.

Govt to Develop Container Terminal-1 at Payra Port via PPP

March 24, 2024

The government's decision to develop Payra Port's Container Terminal-1 under Public Private Partnership was approved by the Cabinet Committee on Economic Affairs. The move aims to enhance trade infrastructure, alleviate congestion at Chattogram Port, and bolster competitiveness in international trade.

Govt Plans to Build Rail-Road Bridge Linking Cox’s Bazar and Matarbari Port

March 23, 2024

The government plans a major rail-cum-road bridge over the Karnaphuli River, linking Cox's Bazar and Matarbari deep-sea port, to enhance connectivity up to the maritime frontier. The bridge, second in scale to the Padma Multipurpose Bridge, aims to replace the century-old Kalurghat Bridge.

Biman Bangladesh Airlines Faces 35% Pilot Shortage

March 21, 2024

Biman Bangladesh Airlines is facing a 35% shortage of pilots but is continuing to expand routes, leading to concerns about passenger safety. Despite the shortage, the airline has added five new routes in the last year and a half. This has resulted in incidents where overstressed pilots have had to operate flights, compromising passenger safety. One pilot fell ill midair and had to make an emergency landing due to not being able to decline the flight assignment.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here