Sheikh Hasina unveils largest project built with Chinese aid

Sheikh Hasina unveils largest project built with Chinese aid

• Bangladesh Prime Minister Sheikh Hasina marked a historic moment in the country’s infrastructure development by inaugurating the 82-km Padma Bridge Rail Link. This significant project, executed under China’s Belt and Road Initiative (BRI), is poised to transform Bangladesh’s connectivity and economic landscape.
• Prime Minister Sheikh Hasina unveiled the Dhaka-Bhanga section of the rail route, connecting Dhaka and Jashore via the Padma Bridge.
• The inauguration ceremony took place at Mawa Railway Station in Munshiganj.
• The remaining portion of the project, linking Jessore, is scheduled to be launched in June next year, according to project officials, as reported by the Dhaka Tribune.
• he Padma Bridge Rail Link stands out as the largest infrastructure project in Bangladesh financed under Chinese preferential loans, with the Exim Bank of China providing a substantial loan of Tk 21,036.70 crore.
• Chinese Ambassador to Bangladesh, Yao Wen, emphasized the project’s significance under the BRI.
• He stated that this landmark initiative is poised to directly benefit 80 million people and could potentially boost Bangladesh’s economic growth by 1.5%.

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Published date : 12 Oct 2023 11:05AM