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Padma Bridge Project

KL hopes to get contract Wants to start work by Oct next

UNB, Kuala Lumpur
When the government has chalked out an ambitious plan to construct Padma bridge with local funds, Malaysia is optimistic in implementing the mega project and wants to start the preliminary work by October this year.
“We've studied the project ...we've also taken notes of some engineering factors. With all these, I think it'll take off by October...we propose to start the preliminary work,” Malaysian Prime Minister’s Special Envoy for Infrastructure to India and South Asia Dato S Samy Vellu
KL hopes
FROM PAGE 20
told UNB at Seri Pacific Hotel in Kuala Lumpur on Saturday night.
He, however, did not elaborate what would be the terms and conditions, and its cost if Malaysia finally goes for implementing the much-talked-about project, the largest-ever infrastructure in the country.
On June 28, Malaysia submitted a draft proposal to Bangladesh government for signing a final deal for implementing the project. Now they will submit the final proposal.
Asked why Malaysia was so interested in the project, Vellu said, “We feel that we're experienced and we’ve the partners who are capable of working with us...it's one of the factors.
“Secondly,” he added, “We thought Malaysia, being a very close friend of Bangladesh, must find ways as to how we can help Bangladesh as the World Bank didn’ t provide the loan..."
The World Bank had pledged $1.2 billion for the $2.9 billion project but cancelled the loan in June citing corruption concerns.
He said: “Padma bridge is a very import project... If we're given a job to do, we’ll make sure that the job is done with perfection.”
Vellu hoped to finalise the negotiations with Bangladesh so that work on the project could start within the next few months, “...not so many months, may be three to four months."
Responding to a question, he said they submitted some of the preliminary designs of the project to the Bridges Division and received a lot of comments. “We're working on it... and at the same time we're getting designs from E-c o m, the consultant appointed by the Bangladesh government," he added.
According to the June 28 proposal, the Malaysian government will invest around $3 billion and complete the construction in three years. It will operate the bridge for 37 years and then hand it over to Bangladesh government, official sources said.