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...
This blog contains thoughts of a pro-Bangladeshi national on contemporary issues.