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- SASEC Road Connectivity Project (Supplementary Loan)
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.