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The Bangladesh government has taken up a project to help spin the wheels of rural economy, along with fixing the road network damaged in 2022 floods, and the Asian Development Bank (ADB) is set to bear the lion’s share of costs for implementing this initiative.
This Local Government Division project, set to be implemented by the Local Government Engineering Department (LGED), could be tabled in the Executive Committee of the National Economic Council (ECNEC) meeting scheduled for today, say planning ministry sources.
Under the rehabilitation and reconstruction efforts in districts affected by devastating floods, initiatives will be taken to reduce goods transportation costs and timeframe throughout rural regions.
The project also aims to boost marketing opportunities for goods, and direct and indirect generation of employment for the rural poor in flood affected areas.
Planning ministry sources say the project has an estimated cost of Tk 1,123 crore, and of the figure, Tk 222.60 crore will come from the government exchequer, and the rest will be provided by the ADB as loan.
Upon ECNEC approval, the project will be implemented in nine districts of three divisions. The project tenure will last from April this year to June 2026.
Key aspects of this project are – 405.78 km upazila road rehabilitation, 346.10 km union road rehabilitation, 2171 metre bridge rehabilitation/reconstruction, 809.84 km culvert rehabilitation/reconstruction, 15.1 lakh tree plantation, and 62,687 metre tow wall construction.
The project will also upgrade rural roads to 2-lane disaster resilient roads, secure union road intersections, and develop growth centres and markets. Moreover, the initiative will help expand sustainable agriculture, inclusive industrialisation, and build impact resistant infrastructure to help achieve SDGs.
