Dhaka to have metro with Japanese help

March 16th, 2012 - 12:22 pm ICT by IANS  

Sheikh Hasina Dhaka, March 16 (IANS) Bangladesh will sign a loan agreement with Japan for a multi-million-dollar metro rail project aimed at easing traffic congestion in the capital, Prime Minister Sheikh Hasina has said.

The project would involve Taka 160,000 million (around $1,957 million). Japan will finance 80 percent of the expenditure, the Daily Star reported.

The prime minister told parliament the government has finalised locations of depots and stations.

After a meeting with a delegation from the Japan International Cooperation Agency (JICA), Communications Minister Obaidul Quader said construction work under the project would begin towards the end of 2013.

“The process of land acquisition has already begun. The main construction under the metro rail project will begin between October and December 2013,” he said.

On other steps taken to reduce the city’s horrific traffic congestion, Hasina said permission has been given to 10,000 new taxis in the city.

The government was also importing large-size buses and double-decker buses. It would modernise the footpaths in the city and free them of illegal occupation, she said.

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