In dispelling the confusion being spread about the mega projects being implemented in the country Prime Minister Sheikh Hasina on Wednesday reaffirmed that her government remains cautious so the loans don’t become a burden.
“Once these (mega) projects are implemented, the face of our economy will change. We’re taking loans from domestic and foreign sources. However, we’ve a careful eye so that they do not become a burden,” she said in an address to the nation on the eve of Pahela Boishakj, the Bangla New Year’s Day.
The address was telecast live by Bangladesh Television and Bangladesh Betar and also private TV channels.
The nation is set to celebrate the Pahela Boishakh-1429 on Thursday amid traditional cultural festivities.
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About the mega projects, Sheikh Hasina said the Padma Bridge is being constructed with own funds as no loan was taken. Other mega projects were undertaken through economic studies by local and foreign experts. And many projects are being implemented on the basis of foreign partnerships.
“Our main goal is to accelerate economic activities, create employment, increase resources and make the lifestyle of people easier through infrastructure development,” she said.
The prime minister said 2022 and 2023 will be milestones for Bangladesh in terms of infrastructure development. The much-desired Padma Bridge will come into operation in just a few months. The bridge is expected to contribute 1.2 per cent to GDP, she said.
She said the Metrorail will be launched on the 14-km Uttara-Agargaon route by the end of this year. It is expected to bring a revolutionary change in the transport system in the capital, she added.
The country's first underwater tunnel, Karnaphuli River Tunnel in Chattogram, will be opened in October next, said Hasina.