Karnaphuli Tunnel
End uncertainty around Rooppur Nuclear project
Most of the mega-projects undertaken during the previous Awami League government have now become a burden. Even after some projects have been completed, they are not yielding the expected benefits. For instance, the Karnaphuli Tunnel. Additionally, for many of the mega-projects, the government cannot predict when they will be completed. One such expensive project is the Rooppur Nuclear Power Plant.
Loan-funded investment in Karnaphuli Tunnel at risk
The Karnaphuli Tunnel, a costly and loss-making mega project in Chattogram, has become a financial burden on Bangladesh’s economy. The tunnel, constructed with significant borrowed funds, now struggles to generate enough revenue to cover even a fraction of its expenses. Experts have pointed out that the loan taken for this project, along with the accruing interest, is being repaid from funds borrowed for other projects. As a result, the country’s economy is trapped in a vicious cycle of debt.
China interested to import mangoes from Bangladesh
China has expressed its interest to import agricultural products including mangoes from Bangladesh. Besides, the country is also interested in investing in ICT, energy sector and infrastructure development in Bangladesh.
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