ADB mobilizes $261 million for Rampura-Amulia-Demra Expressway

ADB mobilizes $261 million for Rampura-Amulia-Demra Expressway

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ADB assisted in project structuring, negotiation, tender execution and provided assistance for commercial award and financial closure, the release said.

“We have partnered with public authorities in Bangladesh to prepare, market and attract private sector partners to design, build, finance, operate and maintain this expressway,” said Cleo Kawawaki, Head of ADB Market Development and PPP Office. Work done.”

“It will provide commuters quicker access to their destinations by improving connectivity between Dhaka and the eastern and southeastern districts of Bangladesh, including the cities of Chattogram, Narayanganj and the northeastern city of Sylhet,” he added.

Kawawaki said the Rampura-Amulia-Demra PPP project was delivered under an availability payment mechanism with partial revenue linked to US dollar and taka exchange rate movements, while the first road transaction, the $370 million Dhaka Bypass Road PPP, generated minimal revenue. as it was structured. Guarantee.

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