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News Bashundhara Cement to supply cement for Dhaka road project

Bashundhara Cement to supply cement for Dhaka road project

Written by Global Cement news 30 December 2021
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Bangladesh: Bashundhara Cement has signed an agreement with China-based Fifth Major Bridge Engineering to supply cement for the Dhaka Ashulia Elevated Expressway. The 24km road will connect Shahjalal International Airport to the Dhaka Export Processing Zone, according to the Daily Sun newspaper. Chinese investors will fund 65% of the estimated cost of the project under Preferential Buyer’s Credit. Bangladesh will have to repay the costs within 20 years, with 2% interest rate and a grace period of five years. Bashundhara cement products are also being used in 14 large scale bridge projects, 11 power plants, and water and sewage treatment plants.

Last modified on 05 January 2022
Published in Global Cement News
Tagged under
  • Bangladesh
  • Bashundhara Group
  • Infrastructure
  • Roads
  • Fifth Major Bridge Engineering
  • China
  • GCW538

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