India and Myanmar Sign Four Agreements

BS, Aug 29,’16

India and Myanmar has signed four agreements .  The first agreement pertains to construction of 69 bridges on the Tamu-Kalewa section of the trilateral highway connecting India, Myanmar and Thailand. The second agreement is on upgrading the Kalewa-Yargi section of the trilateral highway. The third agreement is on cooperation in the field of renewable energy, while the fourth agreement is on cooperation in the field of traditional medicines.

Solar Power Plant Planned in Sirajganj

dhakatribune.com, Aug 30,’16

North-West Power Generation Company Limited (NWPGCL) is going to set up a 7.6MW solar power plant in in dist. Sirajganj, Bangladesh. The company has already sent a development project proposal to the executive committee of the national economic council for approval. Power Point Korea has been selected as a contractor for the project. It has sought approval from the Planning Ministry for the proposed project. Soon after getting approval, it will start construction work on the plant. The Sirajganj plant will be set up on 23.75 acres of land that would cost US$16.02 million. The contractor will build the proposed power plant by June 2018.

UK keen to Invest in Padma Bridge Rail Link, Payra port

dhakatribune.com, Aug 05,’16

As a part of its investment in Bangladesh, the United Kingdom (UK) has shown keen interest to invest in Padma Bridge rail link and Payra port. The rail link will stretch from Padma bridge to Kuakata. Further, UK will also withdraw Dhaka-London direct cargo ban soon.

India plans to set up SEZ in Rakhine State

bnionline.net, Aug 04,’16

India plans to set up a Special Economic Zone in Sittwe, Rakhine State, where it has already built a port. The proposed SEZ by India will rival the Chinese SEZ located 80 km down of strategically located Sittwe as Delhi plans to make it an economic hub. The aim of the SEZ is to help expand India’s footprints in South East Asia amid China’s plans for massive road and port connectivity projects in the region as part of its One Belt One Road initiative.

KPK Govt Signs $1.6 Billion Railway Project with Chinese Company

pakistantoday.com.pk, Aug 04,’16

The provincial government of Khyber Pakhtunkhwa and China Communication and Construction Company Ltd has signed the Circular Railway Project worth $1.6 billion at Chief Minister’s Secretariat Peshawar. The project links Peshawar, Nowshera, Mardan, Charsadda with future expansion to Swabi and a speedy service from Peshawar to Islamabad.  China Communication and Construction Company Ltd shall conduct a feasibility study, inclusive of concept design, cost estimation and will prepare a technical and financial proposal to the provincial government in respect of the development of the project. It would also provide a technical specification to the government for the soil investigation and survey.