Tk 1.12 Lakh Crore Loss Due to 6 Mega Project Delays

Industry: Logistics, Logistics & Shipping

Delays in six major transport infrastructure projects have resulted in estimated losses of Tk1.12 lakh crore, equivalent to the cost of building four Padma Bridges, according to project documents. The delays, which range from four to 12 years, stem from inefficiencies, financing issues, protracted land acquisition, feasibility study shortcomings, and design flaws.

The economic loss extends beyond the cost hikes of the projects, impacting citizens and the country’s development. The Padma Bridge, Khulna-Mongla rail line, Karnaphuli tunnel, Dhaka Bus Rapid Transit, Dhaka-Tongi-Joydebpur railway expansion, and Dohazari-Cox’s Bazar rail line are the projects analyzed. Delays result in lost opportunities, slower employment and GDP growth, and decreased business costs, among other economic impacts.

Source for more details:

Related News

Govt Plans Foreign Partnership to Boost CTG Port Capacity and Efficiency

May 7, 2025

The government of Bangladesh is planning to appoint globally experienced foreign firms to operate Chattogram Port and other key sea and land ports to address capacity limitations and reduce container congestion, as stated by Chief Adviser's Press Secretary Shafiqul Alam.

Chattogram Airport to Relaunch Cargo Hub

April 27, 2025

Shah Amanat International Airport in Chattogram is set to revive its 270-tonne cargo hub as part of a broader plan to strengthen Bangladesh’s air cargo infrastructure and prepare for new export routes, including direct cargo flights to China.

Biman To Operate 226 Hajj Flights This Year

April 27, 2025

Biman Bangladesh Airlines will operate 226 dedicated flights for Hajj this year, consisting of 118 pre-Hajj and 108 post-Hajj flights. Pre-Hajj flights will run from April 29 to May 31, with 96 flights from Dhaka to Jeddah and Medina, and 22 flights from Chattogram and Sylhet.

CPA Signs Tk 61.96B Deal For Matarbari Deep Sea Port

April 24, 2025

The Chittagong Port Authority (CPA) signed a Tk 61.96 billion contract with a Japanese joint venture (Penta-Ocean Construction and TOA Corporation) to build Bangladesh’s first deep-sea port at Matarbari, as part of the revised Tk 243.81 billion Matarbari Port Development Project.

Govt Approves Bay Terminal Marine Infrastructure Project

April 23, 2025

The government has approved a major support project for the Bay Terminal at Chattogram port, focusing on marine infrastructure development with a budget of Tk 13,525.57 crore. The project, considered crucial for Bangladesh’s growing economy due to the lack of a true deep-sea port, will include building a breakwater and improving port connectivity.

CPA Proposes Tk13525cr Bay Terminal Project for FY2031

April 21, 2025

The Chittagong Port Authority (CPA) has revised the cost of the Bay Terminal Marine Infrastructure Development Project to Tk13,525.27 crore—down from an initial estimate of Tk14,600 crore—following evaluation committee recommendations.

Related News

Govt Plans Foreign Partnership to Boost CTG Port Capacity and Efficiency

May 7, 2025

The government of Bangladesh is planning to appoint globally experienced foreign firms to operate Chattogram Port and other key sea and land ports to address capacity limitations and reduce container congestion, as stated by Chief Adviser's Press Secretary Shafiqul Alam.

Chattogram Airport to Relaunch Cargo Hub

April 27, 2025

Shah Amanat International Airport in Chattogram is set to revive its 270-tonne cargo hub as part of a broader plan to strengthen Bangladesh’s air cargo infrastructure and prepare for new export routes, including direct cargo flights to China.

Biman To Operate 226 Hajj Flights This Year

April 27, 2025

Biman Bangladesh Airlines will operate 226 dedicated flights for Hajj this year, consisting of 118 pre-Hajj and 108 post-Hajj flights. Pre-Hajj flights will run from April 29 to May 31, with 96 flights from Dhaka to Jeddah and Medina, and 22 flights from Chattogram and Sylhet.

CPA Signs Tk 61.96B Deal For Matarbari Deep Sea Port

April 24, 2025

The Chittagong Port Authority (CPA) signed a Tk 61.96 billion contract with a Japanese joint venture (Penta-Ocean Construction and TOA Corporation) to build Bangladesh’s first deep-sea port at Matarbari, as part of the revised Tk 243.81 billion Matarbari Port Development Project.

Govt Approves Bay Terminal Marine Infrastructure Project

April 23, 2025

The government has approved a major support project for the Bay Terminal at Chattogram port, focusing on marine infrastructure development with a budget of Tk 13,525.57 crore. The project, considered crucial for Bangladesh’s growing economy due to the lack of a true deep-sea port, will include building a breakwater and improving port connectivity.

CPA Proposes Tk13525cr Bay Terminal Project for FY2031

April 21, 2025

The Chittagong Port Authority (CPA) has revised the cost of the Bay Terminal Marine Infrastructure Development Project to Tk13,525.27 crore—down from an initial estimate of Tk14,600 crore—following evaluation committee recommendations.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here