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.