The Export-Import Bank of China is going to fund the rail connection in Bangladesh’s largest infrastructure project till date, the Padma Bridge. Padma Bridge rail link project Director Engineer Golam Fakhruddin Ahmed Chowdhury said the contractor had already started working on it. Although China EximBank had initially agreed to fully fund the project, it later decided to provide a loan of Tk24,749 crore. Project sources said a new broad gauge line would be set up from Dhaka to Jessore in four sections. Railway Ministry sources said Tk4,102 crore was allotted for the rail link project in the last fiscal.

Source: Dhaka Tribune October 28, 2017 09:11 UTC