Traffic congestion in Dhaka is causing a loss of Tk 370 billion annually, which is equal to 11 per cent of the national budget, according to a recent study.
The research also said the people in Dhaka face a waste of five million working hours.
The Accident Research Institute at the Bangladesh University of Engineering and Technology (BUET) revealed the data in its report.
The report was presented at a roundtable organised by the institute and Road Safety Foundation on Saturday.
However, the World Bank said last year that city dwellers facing waste of 3.8 million work hours daily due to traffic jam, reports bdnews24.com.
The institute’s Director Prof Dr Moazzem Hossain said Bangladesh could have saved Tk 220 billion if it had reduced 60 per cent of congestion in Dhaka.
The average speed of public transports in Dhaka has dropped to as low as of walking speed, 5 kilometres an hour, according to Hossain.
“This is leading to the waste of five million work hours. Traffic congestion is causing a loss of Tk 370 billion a year,” he said.
The report he presented at the roundtable says 35 per cent of the commuters travel by public transport in 3.6 million trips daily.
Hossain said people were suffering nine types of damage due to traffic jam. These include the effect on their mind and social communication.
He also discussed issues like harassment of women, children and people with disabilities on public transports in his report.
Prof Hossain recommended tasking one company with handling buses on one route each to reduce fierce competition among them.
He also recommended giving subsidiaries to the transport sector.
There will be no harm if Bangladesh can earn Tk 50 billion by giving Tk 10 billion in subsidiary, he said.
The BUET teacher criticised Road Transport and Bridges Minister Obaidul Quader, Shipping Minister and workers’ leader Shajahan Khan and others in the government for their comments on responsibilities for their failure in the sector.
The report says 74 per cent of accidents in Dhaka occur when pedestrians cross the streets.
Road Safety Foundation Vice-President Abdul Hamid Sharif said 25 roads need to be in good condition in urban areas while Bangladesh has only 7.8 per cent of its roads good.
He recommended building parking towers at key points in Dhaka to ease traffic congestion.
The roundtable was presided over by Road Safety Foundation President Prof AI Mahbub Uddin Ahmed.