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South Asia Subregional Economic Cooperation Road Connectivity Project
| Date: | October 2012 |
| Country: | |
| Subject: | |
| Document Type: | Reports and Recommendations of the President |
| Project Number: | 40540-014 |
Description
The report and recommendation of the President for the proposed South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project in Bangladesh describes the terms and conditions for the approval of the Board of Directors of ADB.
The project will, together with parallel cofinancing, support the Government of Bangladesh to upgrade about 70 kilometers (km) of the Dhaka–Northwest corridor to four lanes (Joydeypur–Chandra–Tangail–Elenga Road, which is part of a major subregional artery). The project will also (i) improve two land ports at Benapole and Burimari, and (ii) strengthen the capacity of the road sector and the land port operations. By increasing the road capacity of a major international trade corridor and enhancing land port capacity, the project will not only boost the national economy but also facilitate subregional cooperation and increase trade.
This document is being disclosed to the public prior to Board consideration in accordance with ADB’s Public Communications Policy (2011). Subject to any revisions required following Board consideration, this document is deemed final.
Linked Document(s)
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Loan Agreement
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Project Agreement