trade ties are receiving a boost, with an Indian firm, Larsen & Toubro, winning a major order

trade ties are receiving a boost, with an Indian firm, Larsen & Toubro, winning a major order

trade ties are receiving a boost, with an Indian firm, Larsen & Toubro, winning a major order for the Dhaka Metro in Bangladesh While the India-Bangladesh relationship is in the midst of a reset.

The Bangladesh government is set to implement three metro rail projects in Dhaka at a total cost of Tk 2.5 trillion (250,000 crore).

The orders comprise Contract Package CP09 – Track Works & Electrical Systems, and Contract Package CP10 – Signalling, Telecommunications & Platform Screen Doors (PSD). Commenting on this, Ramkumar S, Senior Vice President & Head – Transportation Infrastructure, L&T, stated: “The repeat orders from Dhaka Mass Transit Company Limited (DMTCL) are a testament to L&T’s capabilities in delivering large-scale, integrated urban transit projects globally. This morning, Bangladesh Prime Minister Tarique Rahman invited Japanese investors, businesses and financial institutions to explore investment opportunities in Bangladesh and become partners in the country’s next phase of economic growth in a joint address in Tokyo after a meeting with the Japanese Prime Minister Sanae Takaichi.

The Bangladesh government is set to implement three metro rail projects in Dhaka at a total cost of Tk 2.5 trillion (250,000 crore). The Executive Committee of the National Economic Council (ECNEC) in Bangladesh has approved a total of 12 projects involving an estimated cost of Tk 1.69 trillion (1,68,780 crore), including three metro rail projects to facilitate an environment-friendly mass transportation system in the capital of the country, Dhaka. With a strong track record of delivering E&M systems for the Dhaka Metro Line 6 with the highest standards of quality and timely execution, and more recently, for the Jakarta Metro, which is under execution, we are well positioned to leverage our experience in seamlessly integrating multiple systems in close coordination with OEMs and stakeholders.

These pertain to the first underground metro project in Bangladesh, Larsen and Toubro said. “Together, the two packages form the core operational systems of Dhaka Metro Line 1, and will deliver a safe, reliable and world-class urban transit solution for the people of Dhaka,” Larsen and Toubro said in a press release.