USD 2.95 Billion for Railway,polytechnic & DGFI , Total 24 Dev project Approved in ECNEC

Bangladesh Business News

October 30 , 2018 Executive Committee of the National Economic Council (ECNEC)

In the last month of ECNECH meeting of the ruling government, Chaired by Prime Minister sheik Hasina, The committee approved Tk 24,740 crore/ USD 2.95 Billion for 24 development project including infrastructure for Military Intelligence agency Directorate General of Forces Intelligence (DGFI).

Fund Source In Taka In USD 
3619,361.96 crore 2.3 Billion
Foreign Credit5,072.66 crore 603 Million
Others 306.04 crore  36 Million

In the   October 2018 total  USD, 10.57 Billion dollars was allocated for the various development project.


Bogra to Sirajganj Rail Line

Project Detail   Construction New  90-km line ( 11.35 kilometres loop )   dual-gauge rail line from Bogura to Sirajganj   .                        
Cost664 Million USD/   Tk 5,579 crore 
Government Fund/ Credit Gov Fund  : 289 Million USD 
    Credit     : 374 Million USD 
Type of projectRailway
OutcomeWill reduce distance from Dhaka to Bogura by 112km and save three hours of travel time. potentials to link India, Nepal and Bhutan through Chilahati, Burimari
Development Partner
 The line of Credit – India 
Key Dates 
Probable Finishing Time  June 2022 , Environmental and feasibility study completed in 2014 

According to  Bangladesh Railway (BR)the organization will build the 90-km line (including 11.35 kilometers loop line) from Captain Mansur Ali Station (Sirajganj) to Bogra to cut nearly 112 km travel distance with northern Bangladesh. After the construction of the  Railway, the trains from Dhaka can directly go to the northern districts like Bogra, Rangpur, Gaibandha and Lalmonirhat.

The Project Include :

  1. Construction of an administrative facility
  2. Construction of bridges
  3. Construction of stations
  4. Installation of lighting and overhead sign structures
  5. Laying of rail tracks
  6. Installation of safety systems
  7. Construction of related facilities

ICT infrastructure for DGFI 

Project Detail   Development of telecommunication and ICT infrastructure, human resources and technical capacity of DGFI
CostUSD  146 Million /  Tk 1,272 crore
Government Fund/ CreditFully  Govornment Funded  
Type of project Defense 
OutcomeWill enhance the DGFI’s ability to prevent militancy, secure voice and data Communication,  Social media monitoring, cyber cime, Cyber warfare, developed human resource and technical capacity of the Directorate General of Forces Intelligence (DGFI)
Development Partner
 N/A
Key Dates 
N/A

23 Polytechnic Institutes in 23 Districts 

Project Detail Establishment of Polytechnic Institutes in 23 Districts Project
CostUSD  439 Million / 3691 Corror Taka 
 Government Fund
Credit
Govornment Funded 
Outcome After completion, , there will be a total 72 Polytechnic Institutes in the country. 
Ministry Education 
Development Partner
Key Dates 
June 2021

About the polytechnic institute project, Planning Minister AHM Mustafa Kamal said the Technical and Madrasah Education Division will implement the ‘Establishment of Polytechnic Institutes in 23 Districts Project’ by June 2021 with an estimated cost of Tk 3,691.30 crore.

He said the polytechnic institutes will be set up in the 23 districts where there is no government polytechnic institute now.

Mustafa Kamal said there are now 49 polytechnic institutes, including four exclusively for women, across the country but there is no polytechnic institute in 23 districts

 Rohingya crisis

Project Detail ulti-sector project to face the Rohingya crisis on an emergency basis
Cost  USD 125 Million / 1057 Corror Taka 
Government Fund
Credit
Credit: USD 124 Million 
Outcome setting up of 23 new cyclone shelter centres, 30 multipurpose community service centres, development of 203.50-kilometres of roads, strengthening and widening 17.15 kilometres of roads, and construction of a number of footpaths, drains, bridges and culverts.
Ministry Government 
Development Partner
 Credit From World bank 
Key Dates 
implemented by November 2021.

Another 20 Development project 

Project Name Project Cost  in Corror Taka 
Construction of new rail line from Iswardi to Pabna (second revisedTk1,737.18 crore
Gazipur City Corporation1,510 crore
construction of the Balu River-Shitalakkhya River Road,1,259.89 crore
Construction of a new 20-storey office at Bangladesh Secretariat420.98 crore
Construction of the third Karnaphuli Bridge (III phase) 797.94 crore
Construction of a link road from Rajuk Purbachal 300 feet of highway to Madani avenue-Sylhet 456.72 crore
Bangladesh Post Office 479
Protection and development of graveyards of martyred freedom fighters and other war heroes 460
Residential complexes for Bangladesh Police927
National Academy for Autism and Neurodevelopment Disabilities (20-story)422
permanent campus for Bangabandhu Sheikh Mujibur Rahman Maritime University 1183.97
Bangabandhu Military Museum655
nine government secondary schools f435
Construction of BNA Bangabandhu Complex, Patenga, Chittagong358
Smallholder agricultural competitiveness (SACP)780
Strengthening activities of the agriculture training institutes117
BSCIC Chemical Palli, Dhaka 201
Strengthening and modernizing Gazi Wires68

Dhaka North City Corporation
694

feasibility study for a 500-600 megawatt LNG based combined cycle power plant
169

UNB