Padma Bridge - পদ্মা সেতু 4.5

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About Padma Bridge - পদ্মা সেতু

Padma Bridge - পদ্মা সেতু Padma Bridge - পদ্মা সেতু is one of the popular place listed under River in Dhaka , Bridge in Dhaka , Public Services & Government in Dhaka ,

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We love our country, We respect our Government, Padma Bridge পদ্মা সেতু is our proud.
The Padma bridge will be the longest bridge of it’s type with 6.15 kilometre of length. This will connect the south-western parts with the capital and is expected to save hundreds of thousands of working hours and huge transport costs. The Padma bridge is a high priority national project. It would change the economic landscape of the south-western region and ultimately uplift the national economy. The construction work of the bridge at Mawa-Jajira point is already begin from 10th Aug, 2014.

Project cost is estimated to be US$3.00 billion. Funding for the project is provided by the Asian Development Bank (US$615 m), the World Bank ($1.5 billion), Japan International Cooperation Agency ($415 m), Islamic Development Bank ($140 m). The government also signed another $14.84 million agreement with the IDB for the implementation of the water-supply and sanitation project in cyclone-prone coastal areas, and Abu Dhabi Development Group ($30 m). Of the total amount, the government will provide Tk 50 million while the rest will come in the form of project aid.

From the beginning the Padma bridge negotiation has been involved to corruption and conspiracy. The World Bank stated that they found, "credible evidence corroborated by a variety of sources which points to a high-level corruption conspiracy among Bangladeshi government officials, SNC-Lavalin executives, and private individuals in connection with the Padma Multipurpose Bridge Project."For the corruption, the World Bank turned down to sanction the proposed loan for constructing the bridge. In this circumstances World Bank imposed some conditions to continue the loan talk with the government. According to one of these conditions Communications Minister Syed Abul Hossain resigned, as he was found involved with corruption.
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