ECNEC approves additional Tk 80bn for Padma Bridge

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Dhaka, Jan 5: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved additional Tk 80 billion for the construction of Padma Bridge, as the Tk 200 billion project is showing a cost overrun.

The clearance was given at the ECNEC meeting, chaired by Prime Minister Sheikh Hasina.

Planning Minister AHM Mustafa Kamal said ‘several new components’ had been added to the project.

“The expenditure soared as cost of river training went up and more land had to be acquired,” he told the media after the meeting.