The Asian Development Bank (ADB) has mobilized $261 million of private sector capital for the four-lane 13.5 kilometer Rampura-Amulia-Demra Expressway in the country. ADB mobilized the amount as a transaction advisor for the Government of Bangladesh's RampuraAmuliaDemra Expressway public-private partnership (PPP) project, a press release said. The expressway will ease traffic congestion
Tag: Traffic congestion
Traffic congestion eats up 2.5pc of GDP
Congestion caused by unplanned urbanisation in Dhaka is creating a loss worth 2.5 percent of the Gross Domestic Production (GDP) directly, according to a research paper presented Thursday. The paper, presented on the second day of the Annual Bangladesh Institute of Development Studies (BIDS) Conference on Development (ABCD) 2021, highlighted that