Dhaka Mass Transit Company Limited on Sunday signed a contract with a Japan-India joint venture company for the last package of metro rail project to supply and construct its electric and mechanical systems.
The contract worth Tk 4,930 crore was signed to implement the 20.1 kilometre Mass Rapid Transit Line – 6, popularly known as Metro Rail’s package-7.
DMTCL managing director MAN Siddique and chief executive for railway business of L&T, Rajeev Jyoti, on behalf of Marubeni (Japan) – L&T (Larsen & Toubro Limited India) JV signed the contract at Bangabandhu International Conference Centre.
Under the package railway track, electrical sub-station and electric supply line for train would be constructed and signalling system, telecommunication system, platform screen door, automatic fare collection system, lift and escalator would be set up.
Road transport and bridges minister Obaidul Quader attended the contract signing ceremony as chief guest.
The ceremony was attended, among others, by, Japanese ambassador to Bangladesh Hiroyasu Izumi, Indian high commissioner in Dhaka Harsh Vardhan Shringla, road transport and highways division secretary Md Nazrul Islam.
The entire metro rail, between Uttara 3rd phase and Bangladesh Bank, with 16 stations, will cost Tk 21,985 crore and Japan International Cooperation Agency will fund 75 per cent of the cost while the rest will be funded by the government of Bangladesh.
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