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Dhaka-KL meet soon to finalise Padma bridge deal
Publication Date : 01-08-2012
Bangladesh and Malaysia will hold a meeting early this month in Dhaka to finalise the Padma bridge project, Bangladesh's largest infrastructure project so far, according to a report of Malaysia's national news agency Bernama.
Special envoy to India and South Asia S. Samy Vellu will lead the Malaysian delegation to Dhaka and hold talks with Communications Minister Obaidul Quader.
"During the visit, the Malaysian side will present its final draft agreement to the Bangladesh government after getting a full commitment from Dhaka," said the report quoting a source as saying.
The two governments entered a memorandum of understanding (MoU) in April this year to implement the project.
As per the MoU, the bridge will be built on a build, operate and transfer basis.
To implement the project, a Malaysian company will form a joint venture with a leading foreign construction firm.
Malaysia has revised its plan twice, said the report, to prepare the final plan to ensure a win-win situation for both the countries. It is now up to the Bangladesh government to decide about the project.
The plan is expected to be submitted to the Bangladesh government in the middle of this month, mentioned the source.