The government has backtracked from construction of Shantinagar to Dhaka-Mawa (Jhilmil) Flyover project that had been planned to be implemented on public-private partnership (PPP) basis.
The Cabinet Committee on Economic Affairs (CCEA) at a meeting on Wednesday with Finance Minister AHM Mustafa Kamal in the chair scrapped the scheme by approving a housing ministry’s proposal to this end.
“The perspective of the previous decision to implement the project through PPP does not exist anymore,” he said.
The ministry of housing and public works placed the cancellation proposal on behalf of Rajdhani Unnayak Kartipakkha (Rajuk) that proposed for delisting the project from PPP list.
Kamal said the assessment of the project was not done accordingly for which the concerned ministry has eventually withdrawn it.
When asked whether the flyover would be built in that place, he said the
flyover would be needed there in a different way for which all would have to wait a bit more.
such kind of projects.
Earlier, the CCEA approved in principle the project on January 9, 2013 to implement under the PPP method while on June 6, 2018, the finance ministry approved the proposal for allocating Tk 5.35 billion.
Later, six firms submitted the Request for Quotation (RFQ) for implementing the project.