IMED-report

The Gulshan-Banani-Baridhara Lake Development Project in the capital was supposed to be completed within three years. More than 16 and a half years later, however, the project remains unfinished with little practical progress. About 82% of the physical work has been completed, while only 56% of the allocated funds have been spent. Even the completed portions have failed to deliver the expected benefits. Seven locations still have direct sewerage and drainage connections flowing into the...

Land acquisition complications have halted the installation of axle load control centers, leaving the project in limbo. With the project’s term set to expire on 30 June, work on 15 out of 25 planned centers has yet to begin. Out of the total project budget of Tk 1,609 crore, only Tk 453 crore -...