Korea Expressway Corporation (KEC), a South Korean firm, will collect toll from Dhaka-Mawa expressway which was named 'Father of the Nation Bangabandhu Sheikh Mujibur Rahman Highway', reports UNB.
The Cabinet Committee on Government Purchase (CCGP) in a meeting on Wednesday appointed the KEC for a five-year term as its service provider on a Tk 7.17 billion contract.
Finance Minister AHM Mustafa Kamal presided over the meeting which was attended by the committee members.
After the meeting, additional secretary to the Cabinet Division Zillur Rahman told reporters that this toll collection from the expressway will be in addition to the toll of the Padma Multipurpose Bridge.
The toll for the Padma Multipurpose Bridge has already been fixed by the Bridges Division.
But the toll of the Dhaka-Mawa expressway will be fixed by the Roads and Highways Department (RHD), he added.
He, however, did not give any detail of the toll structure of the Dhaka-Mawa expressway.
The additional secretary also said that the KEC was selected through direct procurement method, which means it did not have to go through any competitive process to qualify for the contract.
He said the KEC will install the Intelligent Transport System (ITS) and also run the operation and maintenance (O&M) service for the next five years.
The committee also approved 14 more proposals of which nine were for raising costs of its different construction and procurement projects of different departments and divisions including the Public Works Department, Roads and Highways Department and Local Government Division.
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