The Cabinet Committee on Economic Affairs today approved a proposal in principle for constructing a bridge over the Meghna river on the Bhulta Araihazar-Banchharampur road.
The approval came from the 13th meeting of the Cabinet Committee on Economic Affairs in 2020 held virtually today with Finance Minister AHM Mustafa Kamal in the chair.
Briefing the reporters virtually after the meeting, Kamal said that the project will be implemented in Public-Private Partnership (PPP) method and once completed, toll will be realized to recover the cost.
He said through realizing tolls, the government cost will be realized side by side the foreign investors would be able to get back their investment.
The bridge construction project will be implemented under the Policy for Implementing PPP Project through Government to Government (G2G) Partnership, 2017. Bangladesh Bridges Authority under the Bridges Division will implement the project.
Once the bridge is completed, it will establish speedy communication linking Dhaka, Brahmanbaria and Agartala of India via Araihazar and Banchharampur.
When asked about the contract price for the project, Kamal informed that it would be ascertained when it comes to the Cabinet Committee on Government Purchase.
The day’s Economic Affairs Committee meeting approved another proposal for procuring 17 tug boats under the package-2 (Lot-1 and Lot-2) under the project titled “Procurement of 35 dredgers, ancillary marine vessels and ancillary equipments and construction of necessary infrastructures” being implemented by BIWTA.
These tugboats and ancillary equipments will be purchased from Dockyard and Engineering Works operated by Bangladesh Navy under the Direct Purchase Method.
The finance minister said these tugboats and ancillary equipments will be able to fulfill our demand, adding, “We believe that we’ll get good quality from here,”