Bangladesh signs deal with S Korean firm
Bangladesh Railway yesterday signed a Tk 113.62 crore agreement with a South Korean company to rehabilitate and modernise signalling and interlocking system of 15 stations on Joydebpur-Mymensingh route.
“The company will modernise 15 stations while the government will provide the fund,” Communications and Railways Minister Obaidul Quader told journalists after the signing in the capital's Rail Bhaban.
As per the deal, M/S LSIS Company Limited will rehabilitate and modernise the existing old, worn out and over-aged mechanical and relay signals of the stations in order to ensure safe, speedy and efficient train operation and improve passenger comfort and safety.
Obaidul expected that some 20 sets of commuter trains would ply from next February to ease the capital's chronic traffic congestion and provide comfortable commuting.
He said 11 locomotives from Korea at a cost of Tk 439 crore and another 26 from India would be added to Bangladesh Railway soon under separate deals to improve railway service and meet increasing demand.
“If we can ensure double tracks in all the sections in the railways, then rescue operations, in case of accidents, will be conducted quickly,” he said.
Earlier, Iranian Ambassador to Bangladesh Hossein Aminian Tousi called on the minister at the latter's office where the minister requested the envoy to supply 400 coaches for Bangladesh Railway.
The envoy, in reply, said Iran would send a delegation in this regard.