Govt eyes more elevated expressways, bridges
FE REPORT | Friday, 10 June 2022
The government plans to build more elevated expressways and large bridges integrating the ongoing bridges, flyovers and tunnels in the country.
"Steps are being taken to build more elevated expressways and large bridges integrating the ongoing bridges, flyovers and tunnels," said Finance Minister AHM Mustafa Kamal in his budget speech on Thursday.
The finance minister also mentioned that the infrastructure development among two other sectors would receive special allocations in the ADP.
The government is always striving to develop a safe, sustainable, environment-friendly and affordable communication infrastructure for building Bangladesh as a modern and developed country, he said.
To this end, the minister said they were working to build an effective domestic and international communication network through integrated investment in roads, bridges, railway, water and air transport.
The budget proposed Tk 815.18 billion for the fiscal year 2022-2023 for the transport and communication sector - Tk 94.89 billion higher than the current fiscal year. The sector, which includes road, rail, air and water, was allocated Tk 720.29 billion in FY 2021-22.
The highest Tk 366.48 billion has been proposed for the Road Transport and Highways Division, TK 188.52 billion for the railways ministry, Tk 72.24 billion for shipping, and Tk 70.04 billion for civil aviation.
As a whole, the physical infrastructure sector has been proposed to get an allocation of Tk 2.008 trillion, which is 29.62 percent of the total allocation, said the minister.
Of the total, Tk 867.98 billion is proposed for overall agriculture and rural infrastructure development sub-sector, Tk 790.26 billion for communication infrastructure sub-sector and Tk 26,065 crore for power and energy sub-sector.