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Jun, 01 2018

Fast Track Mega Projects to get Taka 29 Crore in FY19

These are the mega projects on fast-track; Matarbari Power Plant,Padma Multipurpose Bridge, Padma Bridge Rail link, Rooppur Nuclear Power Plant Metro Rail and Payra sea Port and Dohazari-Cox’s Bazar-Gundum Rail Line.

Fast Track Mega Projects to get Taka 29 Crore in FY19

Seven large projects are likely to get Taka 29,675 crore in the upcoming budget for financial year 2018-19 (FY19) for accelerating the implementation process of these ‘fast-track’ projects.

 Mohammad Muslim Chowdhury, Finance Secretary, “The government will allocate for the mega projects as per their demand. We want to implement the mega projects within the scheduled time for the benefits of the economy.”

These are the mega projects on fast-track; Matarbari Power Plant,Padma Multipurpose Bridge, Padma Bridge Rail link, Rooppur Nuclear Power Plant, Metro Rail and Payra sea Port and Dohazari-Cox’s Bazar-Gundum Rail Line.

A senior from the finance ministry said the government will continue financing these projects on priority basis and observe their implementation since the timely operation of the projects will provide proper infrastructure which will help boost industrialization across the country.

The senior official also said that the government will keep the highest division of about Taka 11,100 crore for the Rooppur Nuclear power plant to implement the project on scheduled for meeting the increasing demand for electricity.

He said that the plant is expected to add 2,400MW electricity to the national grid by 2024.

He also informed the government is likely to allocate Taka 5,550 crore for the Padma Bridge Rail Link project.

He further added that Padma Multipurpose Bridge project is likely to get allocation of Taka 4,400 crore in the FY19.

The official said, no allowance will be made for the three mega projects Sonadia deep sea port, Rampal Power Plant and LNG terminal, as they will be implemented on government-to-government (G2G) basis.

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