Chinese Harbor Engineering closes in on Dhaka-Sylhet road deal

The Bangladeshi government is expected to award the Dhaka-Sylhet road contract to Chinese Harbor Engineering. The 226km project will cost around US$1.6 billion and turn the road into a four-lane highway, according to a report by the Dhaka Tribune newspaper. Chinese Harbor Engineering is also expected to win the $2.8 billion construction contract for Marine Drive Expressway. The newspaper said that the government has been asking China to provide financial assistance for 18 projects costing more than
Finance & Funding / September 21, 2016
The Bangladeshi government is expected to award the Dhaka-Sylhet road contract to Chinese Harbor Engineering.

The 226km project will cost around US$1.6 billion and turn the road into a four-lane highway, according to a report by the Dhaka Tribune newspaper.

Chinese Harbor Engineering is also expected to win the $2.8 billion construction contract for Marine Drive Expressway.

The newspaper said that the government has been asking China to provide financial assistance for 18 projects costing more than $14 billion.

Bangladesh also recently announced a major $1.52 billion upgrade for the 190km Elenga-Hatikumrul-Rangpur route being widened to four lanes, with two lanes in either direction. The route includes a crossing over the Brahmaputra River. Some of the funding will be provided by the Asian Development Bank.

The government has posted a video on the proposed upgrade for the Elenga-Hatikumrul-Rangpur route.

catfish1