World Bank to Fund Dredging of Waterways in Bangladesh
The World Bank will fund dredging of the
Chattogram-Dhaka- Ashuganj waterways and will also further aid in setting up
terminals to enhance capacity of the shipping corridor and improve the security
system.
The Bangladesh Inland Water Transport
Authority (BIWTA) and two contractors signed an agreement in this connection.
BIWTA Additional Chief Engineer and
Project Director Ayub Ali and Managing Director of Karnaphuli Ship Builders
EngAbdur Rashid signed the agreement on behalf of the contractor Gulf
Kobla-Karnaphuli while Banga Dredgers Ltd Director Ainul Islam signed on behalf
of the contractor Dharti-Banga in presence of the State Minister for Shipping
Khalid Mahmud Chowdhury.
The Gulf Kobla-Karnaphuli and
Dharti-Banga joint ventures will work for the development of 13 shipping routes
under the agreement at a cost of Tk430 crore.
