The Executive Committee of the National Economic Council (ECNEC) cleared an additional Tk 80 billion for the construction of Padma Bridge, as the Tk 200 billion project is showing a cost overrun.
The approval came at its meeting on Tuesday, chaired by Prime Minister Sheikh Hasina.
Planning Minister AHM Mustafa Kamal said ‘several new components’ were added to the project. “The expenditure soared as cost of river training went up and more land had to be acquired,” he told the media after the meeting, according to bdnews24.com. -Mithun