Bangladesh Railway (BR) has sought more funds from European Investment Bank (EIB) to expand lines and procure locomotives and carriages for improved services.
Another railway project involving a Chinese contractor has plunged into deep uncertainty after a government committee directed the authorities not to take the hard loan arranged by the company.
Bangladesh Railway (BR) will have to spend over Tk 2,000 crore to build a rail line from Darshana to Meherpur via Mujibnagar, the historic place where the first Bangladesh government took oath in 1971.
Bangladesh Railway (BR) is considering linking Shariatpur district headquarters with the railway network to implement the government’s plan of taking railway services to all districts.
Asian Development Bank (ADB) has already topped the lenders’ list of Bangladesh Railway (BR). But with several new projects coming up, the state-run transport agency has sought more loan from the bank.