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South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track Project
Sectors
Issues Raised
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.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Loans | Loan 3169-BAN | USD 400.0 million | Repaid | ADB | |
Loans | Loan 3170-BAN | USD 105.0 million | Repaid | ADB | |
Advisory services | TA 8731-BAN | USD 1.0 million | Active | ADB |
Related Complaints
Asian Development Bank SPF CRP Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track Project | ADB SPF CRP | Bangladesh | 10/10/2020 | Active |
Implementers
Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
---|---|---|---|---|---|
Bangladesh Railway |