DMTCL Accelerates Procurement for Dhaka Metro Rail Southern Extension to Avoid Delays

The Dhaka Mass Transit Company Limited (DMTCL) is expediting the procurement manner for the southern extension of Dhaka’s metro rail system, MRT Line-5 (Southern Route), to prevent delays in construction because of the look forward to overseas investment. This extension undertaking is often sponsored by using the Asian Development Bank (ADB), which is offering a loan of $2.36 billion, and South Korea, contributing $1.35 billion, according to legit documents.

The Export-Import Bank of Korea will initiate mortgage negotiations after carrying out a feasibility take a look at and evaluating the design of the device programs, as stated by means of DMTCL officers. Both the Road Transport and Highways Division and the ADB have accredited the development procurement technique for the metro line extension, that allows you to span 13.10 kilometers underground from Gabtoli to Aftabnagar and four.10 kilometers increased from Aftabnagar to Dasherkandi.

Typically, procurement for such tasks starts after essential project approval and starts with the appointment of a creation supervision representative, a method that commonly takes one to two years. However, with the aid of advancing the procurement system for the MRT-5 southern challenge, DMTCL pursuits to store at least three hundred and sixty five days put up-mission approval, aligning with their purpose to begin undertaking implementation in January 2024. Without early movement, finishing the metro rail work by using the 2030 cut-off date could be impossible, officers stated.

The challenge’s general fee is estimated at Tk54,618 crore, with Tk39,138 crore sourced from overseas loans. Initially, ADB become the sole financier, but South Korea later joined, agreeing to co-finance device applications at the same time as ADB would fund consultancy and civil applications.

Mohammad Emdad Ullah Mian from the Physical Infrastructure Division of the Planning Commission revealed that assignment restructuring was discussed in the course of an assessment committee assembly on April 23. He emphasized that, given ADB’s involvement within the assignment’s evaluate and layout, additional scrutiny by using other partners must be minimum, expediting the financing resolution.

The ADB-funded technical assistance undertaking for MRT-5 is ongoing, with its closing date extended to June 2025 to keep away from disrupting the main construction time table. Many tasks from the principle undertaking will proceed underneath the technical help mission, along with enhance procurement.

A DMTCL legitimate, speaking anonymously, confirmed that challenge approval is not going to stall when you consider that a memorandum of information has already been signed with Korea, that is predicted to finish its feasibility examine and machine package design evaluation within six months.

Officials also mentioned that seventy two% of the bidding report education is entire, following the finishing touch of surveys and engineering layout stages beneath the ADB-funded technical help venture. The extended length of this assignment comprises the training of bidding files for the Export-Import Bank of Korea applications.

By advancing these processes, DMTCL targets to ensure the well timed finishing touch of the MRT-five southern extension mission.

Leave a Comment