Crocodile Toothpick / Pipe fish
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November 25, 2020
By admin
The Bangladesh Bridge Authority (BBA) invited the pre-qualification tender for the project in April 2010. Construction of the bridge was expected to commence by early 2011[6] and be ready for major completion in 2013 (and complete all sections by late 2015[7]).
After allegation of corruption by some people associated with project preparation the World Bank withdrew its commitment and other donors followed. The Government of Bangladesh then decided to fund the project from its own fund.[4]
China proposed building the bridge on the build-own-transfer (BOT) basis by investing $2 billion or 70 percent of the project cost. Four companies—China Major Bridge Engineering Company, Daelim-L&T JV and Samsung C&T Corporation—purchased the tender papers. But only the Chinese company submitted their financial proposal on 24 April 2014.