| Project Detail |
To improve efficiency and resilience of existing road transport connectivity between Dhaka and surrounding areas.
DESCRIPTION
The scope of the Project is to design, build and operate a 12.5km four-lane access-controlled highway, including an 8.15km elevated section and a 4.35km at-grade section, by way of upgrading an existing two-lane undivided carriageway. The Project starts at the Chittagong Interchange with access to the National Highway N1, connects to the National Highway N2 at the Demra access point, and ends at Rampura Interchange, which is located in a densely populated area in Dhaka. The width of the proposed road will be around 18m in the elevated section and 32m in the at-grade section.
The Project is developed through a Public Private Partnership (PPP) structure. Being one of the key infrastructure PPP projects of the Government of Bangladesh (GoB), the Project was screened by the PPP Authority and granted the in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) of GoB. The Roads and Highways Department (RHD), acting on behalf of the Ministry of Road Transport and Bridges of Bangladesh (MRTB), conducted an open competitive bidding process for the private partner, where Asian Development Bank (ADB) acted as the transaction advisor to RHD. The Sponsors were officially appointed as the preferred bidder, and the PPP Contract was signed between RHD and Sponsors in January 2022. The PPP Contract has a concession period of 25 years, including a 4-year construction period. |
