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.

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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.

Land Acquisition for India-Bangladesh Rail Project to Begin Soon

bdnews24.com, June 01 2016

According to the General Manager of Indian Northeast Frontier Railway, HK Jaggi, work on land acquisition for the Agartala-Akhaura rail project will begin in the latter half of June coupled with launching of a broad gauge (BG) railway service from Agartala. On the Agartala-Akhaura (India-Bangladesh) railway project, Jaggi said the central government had already released the first instalment of Rs 1.5 billion for land acquisition. The Indian government had announced it will bear the entire cost of the 15-km railway project. Of the 15 km, 5 km fall within India and the rest in Bangladesh. The Agartala-Akhaura project is scheduled to be completed by December 2017.

APBF Lauds Plan to Build Rail Link with Iran, Afghanistan

nation.com.pk,  May 21,’16

The Pakistan government is making concrete deliberations towards building modern rail tracks and refurbishing the existing ones for direct and transit trade with Afghanistan and Iran, the ‘All Pakistan Business Forum’ (APBF) has appreciated this trans-national venture and expressed its intent to utilize the proposed rail-link infrastructure to optimize the trade potential with the friendly neighboring countries. A South African business delegation recently came to Pakistan with an interest in undertaking this large-scale project. The delegation offered its support to Pakistan in terms of funding, rail-infrastructure development, technology transfer, training of human resources and provision of logistics for different projects.

Ctg-Cox’s Bazar Rail-Line Project Gets ECNEC Nod

FE BD, Apr 19,’16

The Bangladesh Prime Minister, the Executive Committee of the National Economic Council (ECNEC) endorsed the Dohazari-Cox’s Bazar-Ghundum via Ramu railway line project at a cost of Tk 180.34 billion. Development analysts have said the dual-gauge railway line will increase tourist flow to the world’s largest unbroken sea-beach. Besides, it will also open a new era of trade by connecting the south-east Asia with Bangladesh.

The proposed railway track will join the Trans-Asian Railway and connect the two neighbouring countries – India and Myanmar. The Asian Development Bank will provide lion’s share, amounting to Tk 131.15 billion, in financing the development project. An Economic Relations Division (ERD) official said the government is expected to sit with ADB in June for confirming the financial support for the much-awaited railway line setting up project by 2022.