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The Financial Express

‘WB yet to decide road safety funding despite repeated promises’

Obaidul Quader says


| Updated: September 13, 2021 08:47:35


‘WB yet to decide road safety funding despite repeated promises’

Road Transport and Bridges Minister Obaidul Quader on Sunday said the World Bank has expressed interest in financing the road safety project several times.

But, the lending agency is yet to take a decision on financing the important project of the country, the minister said while inaugurating nine bridges under Dhaka zone virtually, reports UNB.

"The World Bank has made delays after expressing interest in financing the road safety project several times. If they don’t come Bangladesh will implement the project with its own funding," he said.

Bangladesh needs to invest about US dollar7.8 billion over the next decade to halve its road crash fatalities, according to a new World Bank report.

Quader also expressed hope that the Padma Bridge, Metro Rail, Bangabandhu Sheikh Mujibur Rahman Tunnel, and BRT projects would be opened to traffic next year.

He instructed the authorities concerned to expedite the work on roads and bridges across the country and make up for the delays caused by the Covid-19 pandemic.

Quader said a revolutionary change will take place in the communication sector across the country after the under-construction projects are completed.

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