Govt seeking new investors for rail projects after China pulls out
China pulled out of two of the largest railway projects -- Joydebpur-Ishwardi Double-Line Project budgeted at TK 14,250 crore and Akhaura-Sylhet Dual-Gauge Railway Line budgeted at TK 16,104 crore. Now the Bangladesh government is seeking new investors for these two projects which will improve connectivity of Dhaka with the north-east and north-west of the country respectively.
A report on financing of the two major railway projects was published in The Daily Star. Star News+ presents the gist of the story.