Bangladesh

Nov 19, 2011 at 19:55 o\clock

Govt invites tender for 2nd Padma Bridge project

by: bangladesh   Keywords: Padma, Bridge, PPP, project

Padma BridgeThe government Friday invited tender for investors’ prequalification for building a $2 billion 2nd Padma Multipurpose Bridge under Public-Private Partnership (PPP) initiative though construction of the first one hit snags over suspension of the World Bank funding over graft allegations.

Bangladesh Bridge Authority (BBA) under the communications ministry floated the international tender on 3 November for building the 6.1-km bridge over the mighty river Padma connecting Paturia and Daulatdia points.

The proposed bridge will be constructed on public-private partnership (PPP) initiative with an estimated cost of Tk US$ 2 billion, according to the Communications Ministry officials.

Both the planned bridges are to connect the country’s cutoff southwest with the eastern part, including the capital Dhaka.

Earlier on 27 October, the cabinet committee on economic affairs approved the proposal for construction of the second bridge on ‘Build-Own-Operate-and-Transfer’ (BOOT) basis under Public-Private Partnership (PPP) initiative.

The grand-alliance government has started the move to build the second Padma Bridge while the long-awaited first one remained mired in contentions stemming from an unsubstantiated World Bank complaint of corruption in initial project processing.

The notice published in different dailies on Friday says buses and light vehicles have to waste nearly three hours for crossing Paturia-Daulatdia channel while trucks have to waste about four hours and thirty five minutes in crossing the river by ferry.

“The bridge will boost commercial and trading activities between the east and the southwest parts of the country and will create additional employment opportunities in agriculture, traditional crafts, small-scale industries and commerce, which will help attain higher growth rate in the country and faster poverty alleviation,” says the project concept paper.

The first Padma Multipurpose Bridge Project at Mawa-Janjira point is under preparatory work for construction. However, some districts of the southwestern region through Mawa-Janjira route will take more time than Paturia-Daulatdia location to shorten the distance between Meherpur, Chuadanga, Kushtia, Jhenadaha, Magura, Rajbari, Faridpur, and parts of Narail, Gopalganj, Jessore and Madaripur districts with Dhaka and eastern part of the country.

BBA seeks the pre-qualifying of interested investors and will prepare a short list of pre-qualified firms with the intension to invite eligible international firms to indicate their interests for participation in the bid.

The applicant (s) should have essential experience and requisite qualifications in the financing and/or construction of bridge of elevated expressway or elevated railway or flyovers on a BOOT/BOT/PPP/ECP basis with combined value of no less than US$400 million during last 10 years.

According to the notice, the project investors will be selected through an International Competitive Bidding process from a pool of applications who meet the criteria.

The interested investors will have to submit their application for prequalification by 10 January, 2012.

Interested applicants may form consortium with other International Firms engaged in the financing, design and construction of roads and bridges to fulfil their qualification by forming a Joint Venture (JV).

Interested eligible applicants may get more information and documents for pre-qualification application from BBA Website: www.bba.gov.bd.

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