South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track Project | Accountability Console
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South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track Project

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Infrastructure

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Projects in this Sector: 654

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Unknown

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Projects with this Issue Raised: 909

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Project Information

Investment ID: Loan 3169-BAN, Loan 3170-BAN, TA 8731-BAN

Bank: Asian Development Bank

Environmental Category: B

Country: Bangladesh

Region: South Asia

Approval Date: Sept. 30, 2014

Investment Types: Advisory services, Loans

Total Project Cost: USD 631.0 million

Total Complaints: 1

Description

The project will support the Government of Bangladesh in upgrading the 72-kilometer (km) AkhauraLaksam section of the DhakaChittagong railway corridor to a double track railway line with modern signaling equipment. The section is part of a major subregional corridor and the Trans-Asia Railway network. The project will also (i) improve 11 railway stations and (ii) strengthen the capacity of the railway sector in project management and implementation as well as in accessing climate mitigation funds. By increasing the capacity of a major international trade corridor, the project will boost the national economy and facilitate subregional cooperation and trade. The project was endorsed by the SASEC Trade Facilitation and Transport Working Group in a meeting held in Singapore on 30 October 2013.

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