Bangabandhu tunnel: Expenditure much higher than income
Anwar Hossain & Sujan GhoseDhaka and Chattogram
Published: 28 May 2024, 08: 44
Bangabandhu Sheikh Mujibur Rahman Tunnel in ChattogramFile photo
The tunnel built under the Karnaphuli River in Chattogram is not getting as much traffic as expected yet resulting in less than expected toll collection. As of now, the revenue generated from the tunnel is much less than maintenance costs and toll collection.
According to the bridge division, over 4,500 vehicles have used the tunnel every day on average so far. It was predicted that at least four times that number of vehicles would use the tunnel. Daily average income from the toll of the tunnel is Tk 11,80,000 taka. On the other hand, the average daily expenditure for collection and maintenance of this toll is Tk 3.75 million.
The main length of the Bangabandhu Sheikh Mujibur Rahman Tunnel built under the Karnaphuli river is 3.32 km. It is the first under-river tunnel in the country. The tunnel was built with Chinese loans and Bangladesh government funding.
Sources from Bangladesh Bridges Authority said paying the installments of loan taken from China would start from this year. As the income is less than expected, maintenance cost would have to be paid from income generated from other bridges. As a result, the government will have to pay a subsidy from the revenue sector to pay the loan.
The tunnel has eased the commute as crossing the road now takes three to three and half minutes. However, economists , businessmen and bridges authority said the roads on the one side of the tunnel were not widened. The Chittagong Development Authority (CDA) has not taken much initiative to expand the city on the other side of Karnaphuli river. There should be industrialization centering the tunnel. The use of the tunnel could be increased once these initiatives are taken.
Bridges division's secretary Md Monjur Hossain told Prothom Alo that work to connect Cox's Bazar and Matarbari with the tunnel is going on. The use of the tunnel and income would increase if it can be connected with Cox's Bazar and Matarbari roads.
About the repayment of the installment of the Chinese loan, he said the matter is now under the finance ministry.
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