Twelve projects are being funded by India

Bangladesh has signed 12 development projects where India is providing Bangladesh with US$1 billion credit line. Bangladesh has submitted a budget that says that it will take approximately US$654.71 million. Tender for four projects has been already asked for and letters of credit have been opened for another four. The rest of the four projects are still awaiting approval.

The first project is about developing the transportation situation of Bangladesh. Bangladesh will buy 300 double-deckers, 100 single-decker and 50 articulated buses. The cost of this purchase is about US$36.85 million. So far, Bangladesh has received 91 double-deckers while 35 more are on their way. Ashok Leyland, the supplier of the buses, hopes that they will be able to finish the delivery within the end of October, 2012.

The second project is for the development of the railway transportation system of Bangladesh. Bangladesh will buy 180 broad gauge bogie oil tank wagons and six broad gauge bogi brake vans from Indian Texmaco Rail Engineering Limited. The cost of this purchase will approximately be US$17.38 million. The delivery will be made in March, 2013.

The third project includes building two new bridges attached with rail lines. This project will cost almost US$120 million. STUP Consultants Private Limited of India will oversee the project. The first stage surveys are currently being carried out and the feasibility of the project will be checked within September, 2012.

Bangladesh will buy 10 broad gauge diesel engines costing US$33.048 million, as per the fourth project. Bangladesh has signed a contact with an Indian government enterprise named RITES. The delivery will be made on March, 2013.

The fifth contact was also signed with Texmaco Rail Engineering Limited. This contract involves purchasing US$7.43 million worth of 100 metre boogie tank wagons and five metre gauge brake vans. This is also scheduled to be delivered on March, 2013 as well. The sixth project concerns the railway development of Bangladesh as well. The contract was signed with RITES to acquire 30 broad gauge diesel electric engines.

The seventh project in the pipeline involves establishing a rail line in the Mongla port. This project will cost about US$175 million. A contact has been signed with EGIS India Consulting Engineers Private Limited Company for detailed designs, construction supervision, and tendering and feasibility services.

Apart from these projects, bidding for four other projects is currently under process. These projects include purchasing more gauge wagons and brake vans with air brakes, six dredgers and doubling the railway track between Dhaka and Tongi. The last project involves purchasing 10 sets of broad gaguge diesel electric multiple units costing about US$35.86 million. The bidding of this project will be held later.

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