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More Japanese funds for Metro

Project to start early

Staff Correspondent
The commencement and the completion of metro rail project had been brought forward, as Japan has increased fund for the venture, Finance Minister AMA Muhith said yesterday.
The Japan International Cooperation Agency (Jica) has already committed Tk 16,594 crore of the estimated Tk 21,985 crore for the project, while the government
More Japanese funds
FROM PAGE 16 is to bear the rest.
However, it is not yet confirmed how much additional fund Jica will provide for the project. Asked, officials of the Economic Relations Division did not make any comment about it.
Initially, the project was supposed to roll out in 2016, but now it would begin in 2014. For this, it would now be completed by 2018 instead of2021, Muhith told reporters after a meeting at the cabinet division.
His comments came after the cabinet committee on purchase approved a proposal for the appointment of contractor for the project.
The government has appointed a consortium led by Nippon Koei Company, a Japanese firm. The committee, at a meeting in the Secretariat chaired by Muhith, approved the appointment of the consultant, a consortium of six firms.
The project will include elevated metro rail of 20.1 kilometre, 16 stations, and one depot. The project will commence with the work of the depot.
“I hope some parts of the project will be functional before 2018," said Muhith.
The Japanese company, which has been appointed as the consultant for eight years, will get Tk 928.17 crore to complete the project under the Dhaka Mass Rapid Transit Development Project.
The consortium's other members include Nippon Koei India; Delhi Metro Rail Corporation; Mott Macdonald Ltd, UK; Mott Macdonald, India; and Development Design and Consultants Ltd of Bangladesh.
Nippon Koei will work in three phases. In the preconstruction phase, the firm will manage the project and provide engineering services.
During the construction, it will supervise the construction and provide training for operation and maintenance, among other tasks.
In the post-construction phase, it will monitor and advise the operation and maintenance, among other works.
The metro rail will run from Uttara Third Phase to Bangladesh Bank via Pallabi, Rokeya Sarani, Khamar Bari, Farmgate, Hotel Sonargaon, Shahbagh, Teacher-Student Centre (TSC), Doyel Chattar, andTopkhana Road.
Later, the tracks will be extended up to Sayedabad from Bangladesh Bank via Atish DipankarRoad.