Ecnec to consider Tk2.5 lakh crore funding for three metro rail projects today
The Ecnec meeting, chaired by Prime Minister Tarique Rahman, is scheduled to begin at 10am at the Secretariat.
Three metro rail projects involving a combined estimated cost of Tk2,49,746 crore are being placed before the Executive Committee of the National Economic Council (Ecnec) for approval today (16 September).
The Ecnec meeting is scheduled to begin at 10am at the Secretariat, with Prime Minister Tarique Rahman in the chair.
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The projects include revised cost proposals for the Japan-funded MRT Line-1 (Airport–Kamalapur) and MRT Line-5 Northern (Hemayetpur–Bhatara). The third project is MRT Line-5 Southern (Gabtoli–Dasherkandi), which will be implemented with funding from the Asian Development Bank (ADB) and South Korea.
MRT Line-5 Southern was initially the only project scheduled for consideration at today's Ecnec meeting. However, the two revised Japan-funded projects have also been included for approval, according to Planning Commission sources.
The 31.24-kilometre MRT Line-1 project has an estimated cost of Tk1,14,394.89 crore.
The 20-kilometre MRT Line-5 Northern project has an estimated cost of Tk89,848.36 crore.
Meanwhile, the 17.20-kilometre MRT Line-5 Southern project, including 13.10 kilometres of underground track, has an estimated cost of Tk45,503 crore. It will be financed by the ADB and South Korea.
