Karnaphuli Tunnel
Loan-funded investment in Karnaphuli Tunnel at risk
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 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.