The Executive Committee of the National Economic Council (Ecnec) on Thursday approved an additional allocation of Tk 1,400 crore for the Padma Multipurpose Bridge Project.
The approval came from an Ecnec meeting held at the NEC conference room with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair.
While briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said a proposal to allocate additional Tk 1,400 crore for the project was approved as it needs to acquire more land temporarily for 25 years for the river management at the bridge site.
The Padma Multipurpose Bridge Project (2nd revised) is being implemented as a fast-track project with an estimated cost of Tk 28,793.38 crore. The project is scheduled to be implemented by December next.
Three out of five components of the project works -- Janzira connecting road, Mawa connecting road and Service Area-2 -- have already been completed, the minister said, adding that work on the main bridge construction and the river training is now underway.