Padma bridge with own funds difficult, but possible: Muhith

The Daily Star July 15, 2012

Though difficult, it is possible to build Padma bridge with the government’s own funds, Finance Minister AMA Muhith has said.

“The construction work will start this fiscal year. And our own financing may not be necessary after the construction work starts since there is a possibility of involvement of various development agencies in the project,” he said yesterday while distributing money at a programme in Sylhet Sadar Upazila.

The function was organised by the Social Development Foundation (SDF) where Muhith distributed Tk 13 crore among 15,000 vulnerable people from 60 villages of the upazila.

The minister reiterated that there had been no corruption in the Padma bridge project. “The Would Bank has cancelled the loan agreement just out of apprehension of corruption.”

About public response to the prime minister’s plan to build the bridge with own funds, Muhith said this overwhelming response would encourage the government to go ahead with its plan.

Prime Minister Sheikh Hasina has announced that the construction of Padma bridge will begin this very fiscal as she outlined in Parliament the strategy to execute the project with own funds. Hasina said the work would begin this year with funds from the Tk 550-billion Annual Development Programme (ADP).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s