ADB to give $1.5b for Cox’s Bazar rail link
Asian Development Bank will give $1.5 billion to Bangladesh to extend its rail link and bring the tourism hub district of Cox's Bazar inside the network.
The new railway, part of the Trans-Asia Railway network, will also improve access to Myanmar and beyond, said a press release of the ADB from Manila.
The 102-kilometre stretch of railway will have nine stations between Dohazari and Cox's Bazar and will cost a total of $2.012 billion. $512 million will be provided by Bangladesh government.
"It will provide a key boost to local and regional tourism by providing both safe and environment-friendly connectivity from Dhaka and Chittagong," said Markus Rosener, Principal Transport Specialist with ADB'S South Asia Development.
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