Land-acquisition

An initiative has been taken to drill three gas wells to address the gas crisis. The project cost has been estimated at Tk 406 crore. Of the total, Tk 324.80 crore will come from foreign loans, while Tk 81.20 crore will be financed from the own funds of the Bangladesh Petroleum Exploration and Production Company Limited (BAPEX). If approved after processing, the project is scheduled to begin this year and be implemented by December 2027. However, several questions have already been raised...

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...