India Grants Bangladesh 20 Broad Gauge Locomotives

The Asian Development Bank (ADB) may invest in Bangladesh Railway’s $255 million electric traction project to run electric trains between Narayanganj and Joydebpur. The project, aimed at environmental and economic benefits, includes catenary line construction and infrastructure upgrades, with operations slated for 2028. Covering 348 km, it promises fuel savings, reduced congestion, and compatibility with the Trans-Asian railway. Expected returns are 24% for the commuter line and 41% for the main line.

Air Astra, Bangladesh's newest airline, has joined the International Air Transport Association (IATA) just two years after starting operations. This membership underscores the airline's commitment to providing safe and comfortable travel. IATA represents around 330 airlines globally, covering over 80% of air traffic.

The second phase of Matarbari Deep Sea Port's construction is set for completion by 2029, with commercial shipping operations starting in 2030, according to Brigadier General (retd) M Sakhawat Hossain, advisor to the Ministry of Shipping.

The Shipping Ministry has implemented a new policy for transporting goods via inland waterways using lighter vessels from seaports. The Bangladesh Water Transport Coordination Cell (BWTCC) will oversee vessel scheduling and allocation, allowing only approved vessels to operate.

Jiangxi province in eastern China has launched its first dedicated air cargo route to Bangladesh. An all-cargo plane carrying 55 tons of clothing and general merchandise departed from Nanchang City for Dhaka on 15 October. The route will operate two flights weekly, focusing on general cargo, cross-border e-commerce products, and edible aquatic goods. This service aims to enhance trade between Jiangxi and South Asian countries and improve logistics for economic partnerships, particularly under the Belt and Road Initiative.

The Mongla port-upgrading project, funded by India, is facing challenges as the Indian consultant proposed an 84% cost increase, raising the total from Tk 60.14 billion to Tk 110.91 billion. The project involves constructing terminals, jetties, roads, and acquiring vessels.