Costs climb for Bangladesh highway

Cost increases have hit the construction of a new highway in Bangladesh. The highway will connect capital Dhaka with Mymensingh. The 87km highway was originally expected to cost US$128 million. However, it now looks set to cost close to $237 million. The project has been beset by delays. The lead contractors for the project are Metallurgical Construction Company of China (MCCC) and Major Bridge Engineering Company (5718 MBEC).