Image by : Barcroft Media/ Reuters
It will be an economic game-changer for Bangladesh when completed. China Railway Construction Corporation is building a 215 km Padma rail link project from Dhaka to Jessore, including the 6.5 km Padma multipurpose road-rail bridge at a cost of $3.15 billion. Mainly funded by a soft loan from China, the project includes the construction of 66 major bridges, 224 minor bridges, 14 new stations and procurement of 100 passenger coaches. Not only will it link 21 southern districts of Bangladesh with the interior of the country, it is also expected to add 1.2 percent to the country’s GDP. Besides the six bridges built with Chinese assistance, Beijing is also giving financial support for a number of mega-infrastructure projects like the Barakpuria coal mine and coal-based electricity generation, the Shah Jalal fertiliser factory, and upgrading mobile networks for the introduction of 3G technology.