The Padma Bridge is a very important scheme of Bangladesh for its development. It will not only bring about infrastructural development but also enhance economic and social welfare of the people of the connected areas. It will save many lives for it will replace the unsafe ferry journeys. However, there had remained some criticalities regarding its financing, because one of the donor financers have charged the padma bridge scheme of corruption, from bribing of high officials by a Canadian Construction consultancy company. For this, many of the other financers are backing, and GoB has to think of alternative ways, each of which comes with their own cost. The research aims at performing a cost benefit analysis of all the financing alternatives, and derives a conclusion on the basis of sufficient analysis. The research is a qualitative one, and is based primarily on secondary data source. Data analysis is done by literature rivews, and consulting supporting materials.
Background of the study
The Padma Bridge is a multipurpose road-rail bridge across the Padma River to be constructed in Bangladesh. When completed it will be the largest bridge in Bangladesh and the first fixed river crossing for road traffic. It will connect Louhajong, Munshiganj toShariatpur and Madaripur, linking the south-west of the country, to northern and eastern regions.
The total area of land to be acquired and required for its components is 918 hectares. The two-level steel truss bridge will carry a four-lane highway on the upper level and a single track railway on a lower level. The project will include 6.15 km long and 21.10 m wide bridge, 15.1 km of approach roads, toll plazas and service areas.
The bridge has provisions for rail, gas, electric line and fibre optic cable for future expansion. The project would have co-financed by the government of Bangladesh, the World Bank, the Asian Development Bank, the Japan International Cooperation Agency (JICA) and the