Sponsors

Tuesday, November 8, 2011

Govt invites applications for selecting int�l investors

The government has invited applications for investors' prequalification with a view to selecting potential international investors to finance the second Padma Multipurpose Bridge at Paturia-Daulatdia point, reports UNB.

Bangladesh Bridge Authority (BBA) under the Communications Ministry issued the international notice on November 3.


The proposed bridge will be constructed on public-private partnership (PPP) basis with an estimated cost of Tk US$ 2 billion, according to the Communications Ministry officials.


The second Padma Bridge project, if implemented, will establish direct road communications from capital city to western and southwestern part of the country as well as with Benapole land port.


The government thinks the bridge will boost commercial and trading activities between east and southwest regions of the country, and will create additional employment opportunities in agriculture, traditional crafts, small scale industries and commerce to help attain higher economic growth.


According to the notice, the project investors will be selected through an International Competitive Bidding process from a pool of applications who meet the criteria.


The interested investors will have to submit their application for prequalification by January 10, 2012.


Source: thefinancialexpress-bd.com


Read More on prothom alo dhaka

s p o n s o r s

No comments:

Post a Comment