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The OPEC Fund
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  2. SASEC Road Connectivity Project (Supplementary Loan)

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SASEC Road Connectivity Project (Supplementary Loan)

Bangladesh

Borrower Bangladesh
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 12.12.2017
Signed 17.01.2018
Status Completed
Loan Administrator OPEC Fund
Executing Agency Roads and Highway Department (RDH) and the Land Port Authority (LPA)
Co-financiers ADB, Government
OPEC Fund Contribution (US$m) 30.00
Total Project Cost (US$m) 412.37

To promote socio-economic development by facilitating domestic and regional trade in Bangladesh. The project will upgrade part of the Dhaka-Northwest Corridor, the Joydebpur-Chandra-Tangail-Elenga road, to a four-lane highway. Improvements will also be carried out at two land ports at Benapole and Burimari.

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