Dhaka, Dec 08: The Executive Committee of the National Economic Council (Ecnec) has cleared four development projects, including a Tk 2,228-crore one to widen the existing road and construct two-storey expressway from Panchabati to Muktarpur Bridge.
The expressway project is aimed at strengthening the transport connectivity between Narayanganj and Munshiganj districts.
The approval came from the weekly Ecnec meeting held on Tuesday at the NEC conference room. Ecnec Chairperson and Prime Minister Sheikh Hasina chaired the meeting joining it from Ganobhaban through a videoconference.
“The Ecnec meeting approved four projects involving an estimated cost of Tk 3,903.31 crore (only additional costs of two revised projects were counted here),” said Planning Commission Member (GED) Prof Dr Shamsul Alam at a press briefing after the meeting, reports UNB.
According to the factsheet of the Planning Commission, the project titled “Widening the Road and Construction of Two-storey road from Panchabati to Muktarpur Bridge” will be implemented in Narayanganj Sadar and Munshiganj Sadar upazilas at a cost of Tk 2,227.77 crore by June 2025.
“If the expressway is constructed, the travel cost will come down by 62 percent, while the waiting time by 74 percent. The average speed of traffic will go up four-five times,” said another member of the Planning Commission, Md Mamun-Al-Rashid.
The main project operations include acquisition and rehabilitation of 44.50 acres of land, excavation and earth-filling of 7,01,114 cubic metres, pavement and related works of 10.75 km, construction of 14.79-km median and construction of 9.06-km expressway with ramp.
Besides, Ecnec endorsed another fresh project titled ‘Improvement of Roads, Drainage Networks and Amenities Services of Mymensingh City Corporation’ involving Tk 1,575.06 crore.
The Mymensingh City Corporation will implement the project at a cost of Tk 1575.06 crore by June 2024. The project envisages improvement of roads, drainage networks and amenities services in the city.
The main project operations include construction of 475-km roads, 346-km drains and 17-km footpath.
The revised projects are Modernisation of Agriculture Information Services and Digital Agriculture Information and Communication Strengthening (1st revised) Project with an additional cost of Tk 41.20 crore and Improvement and Widening of Charkhali-Tushkhali-Mathbaria-Patharghata Road (1st revised) Project involving an additional cost of Tk 44.57 crore.
While clearing the two revised projects, the Prime Minister directed all concerned to stop the trend to raise the project cost and time, and implement the projects in due time instead, said Dr Shamsul Alam.