AIIB approves $260m loan for first arch steel bridge in Bangladesh
Star Digital Report
Star Digital Report
The Asian Infrastructure Investment Bank (AIIB) has approved a USD 260 million loan to Bangladesh for the construction of a bridge that will make use of the latest advances in technology to improve safety and promote early detection of structural damage.
The Kewatkhali Bridge, set to be the first arch steel bridge in Bangladesh, will substantially ease congestion in the northern city of Mymensingh by diverting traffic from the busy city centre. Moreover, the new bridge will be part of the Dhaka-Mymensingh-India border corridor, which is strategically important for local and regional connectivity.
AIIB approves $260m loan for bridge construction in Bangladesh
BSS
25th May, 2021 02:13:07
The Asian Infrastructure Investment Bank (AIIB) has approved a $260 million loan to Bangladesh for the construction of a bridge that will make use of the latest advances in technology to improve safety and promote early detection of structural damage.
The Kewatkhali Bridge, set to be the first arch steel bridge in Bangladesh, will substantially ease congestion in the northern city of Mymensingh by diverting traffic from the busy city center.
Moreover, the new bridge will be part of the Dhaka-Mymensingh-India border corridor, which is strategically important for local and regional connectivity, said an AIIB press release.
AIIB approves 260-mln-USD loan for Bangladesh s steel bridge Xinhua | Updated: 2021-05-25 17:03
DHAKA The Asian Infrastructure Investment Bank (AIIB) has approved a 260-million-US dollar loan to Bangladesh for the construction of the country s first arch steel bridge.
The Kewatkhali Bridge will substantially ease congestion in the northern city of Mymensingh by diverting traffic from the busy city center, the Beijing-based lender said in a statement posted on Tuesday.
Moreover, it said the new bridge will be part of the Dhaka-Mymensingh-India border corridor, which is strategically important for local and regional connectivity.
Once completed, according to AIIB, over 11 million people in Bangladesh s northern region will benefit from increased mobility and integration of local and regional markets.
AIIB approves $260 million loan for Mymensingh bridge
The Asian Infrastructure Investment Bank (AIIB) has approved a $260 million loan to help Bangladesh construct a strategically important, state-of-the-art bridge inMymensingh,which wouldsubstantiallyease congestion in the northern city.
Once complete, Kewatkhali Bridge will divert traffic from the busy citycentre of Mymensingh. Being part of the Dhaka-Mymensingh-India border corridor project, the bridge will also help boostlocal and regional connectivity,the investment bank said in a release.
Set to be the first arch steel bridge in Bangladesh, Kewatkhali Bridge willmake use of the latest advances in technology to improve safety and promote early detection of structural damage,according to AIIB.
2021-05-25 08:35:31 GMT2021-05-25 16:35:31(Beijing Time) Xinhua English
DHAKA, May 25 (Xinhua) The Asian Infrastructure Investment Bank (AIIB) has approved a 260-million-U.S. dollar loan to Bangladesh for the construction of the country s first arch steel bridge.
The Kewatkhali Bridge will substantially ease congestion in the northern city of Mymensingh by diverting traffic from the busy city center, the Beijing-based lender said in a statement posted on Tuesday.
Moreover, it said the new bridge will be part of the Dhaka-Mymensingh-India border corridor, which is strategically important for local and regional connectivity.
Once completed, according to AIIB, over 11 million people in Bangladesh s northern region will benefit from increased mobility and integration of local and regional markets.