The Padma Bridge in Bangladesh has transformed connectivity, catalyzing economic growth and surpassing revenue projections. Linking southern and southwestern regions with Dhaka, it has overcome strategic and economic barriers, facilitating the swift movement of people and goods across the Padma River.
Since its inauguration, the bridge has significantly reduced travel time, with the Barisal to Dhaka journey taking only three and a half hours. Along its expressway, the bridge has spurred the development of commercial establishments, including garment factories, cold stores, and industrial parks.
The transportation sector has experienced remarkable benefits, with over 1,000 buses now operating through the bridge, enhancing trade and commerce between Dhaka and the southern and southwestern districts.
Impressively, the Padma Bridge has exceeded revenue expectations, collecting around Tk 789.2 crore ($93 million) in tolls from July 1 to June 22, surpassing the projected revenue of Tk 543.2 crore for the fiscal year. The final toll revenue is expected to surpass Tk 800 crore ($94 million) by June 30. In comparison, the Bangabandhu Bridge is anticipated to generate less than Tk 700 crore ($82 million) in toll revenue.
The bridge’s revenue will be utilized for loan repayment, maintenance, and major renovations, leading to a projected profit of over Tk 6,000 crore ($706 million) after 35 years. Efforts are underway to construct the Inner Circular Route around Dhaka to optimize traffic flow, ensuring the bridge’s full economic potential is realized and fostering enhanced connectivity across the country.
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