PV Desk : The Executive Committee of the National Economic Council (ECNEC) today approved a Taka 16,901.32 crore project for the construction a ‘Dhaka-Ashulia Elevated Expressway’.
The 24-kilometer Elevated Expressway is aimed to ease traffic congestion in and around capital Dhaka.
The approval was given in the 7th ECNEC meeting of the current fiscal year (FY18) held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
“ECNEC approved a total of five projects today involving a total cost of Tk 34,567.34 crore. Of the total project cost, Tk 12,402.65 crore will come from the state exchequer while remaining Tk 22,164.69 crore as project assistance,” Planning Minister AHM Mustafa Kamal said while briefing journalists after the meeting.
The ECNEC meeting also approved the Hazrat Shahjalal International Airport Extension Project (1st phase) with Tk 13,610.47 crore to be implemented by the Civil Aviation Authority of Bangladesh (CAAB) by June 2022.
Of the total project cost, Tk 2,395.69 crore will come from the state exchequer while the rest of Tk 11,214.78 crore as project assistance from the Japan International Cooperation Agency (JICA).