Dhaka: The Executive Committee of the National Economic Council (Ecnec) on Tuesday (May 22) approved the Padma Bridge Rail Link Project (first revised), which is estimated at Tk 39,246.80 crore.
It also cleared 15 other projects, including the 4th Primary Education Development Programs (PEDP-4), with estimated cost Tk 38,397.16 crore.
The approval came from the regular weekly meeting of Ecnec, held at the NEC conference room with Prime Minister Sheikh Hasina in the chair along with Ecnec Chairperson.
"A total of 16 projects were approved with an estimated cost of Tk 96,235 crore,” said Planning Minister AHM Mustafa Kamal while briefing reporters after the meeting.
The overall cost estimated at Tk 52,685.05 crore, which will come from government funds, while Tk 43,221.17 crore as project assistance and Tk 328.55 crore from the own funds of the organizations concerned.
Among the 16 approved projects, 12 are new while four are revised ones.
The Padma Bridge Rail Link Project will be implemented by June 2024. The original cost of the project was Tk 34,988.86 crore, which has now been raised to Tk 39,246.80 crore.
BDST: 1731 HRS, MAY 22, 2018
AH/SMS
