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According to bank's website, the proposed project aims to enhance the connectivity, resiliency, and travel efficiency of railway transport between Bogura and Sirajganj. Bangladesh Railway (BR) is facing connectivity constraints in the north and north-western regions as the rail connection between this region and the capital city, Dhaka, or the eastern parts is highly indirect and inefficient. This indirect alignment results in longer travel distances, extended journey times, higher operating costs, and reduced competitiveness of rail transport for both passenger and freight services. To address this weak and indirect rail connectivity, the GoB plans to construct a new dual-gauge railway line of approximately 86 km directly connecting Bogura with Sirajganj. The line will be constructed together with 11 stations, associated structures/bridges, and modern signaling and telecommunications (S&T) systems, so that it is well integrated with the national rail network. By bypassing the existing circuitous alignment, the new line will substantially shorten the rail distance and journey time between the northern districts and Dhaka/ eastern region.
Total Project Cost: USD 922 million
GoB: USD 294 million
Loan Requirement: USD 628 million (AIIB: USD 282 million, remaining loan amount to be facilitated by AIIB, awaiting final loan amount confirmation from GoB)
Project Team Leader: Md Towshikur Rahman
Title: Investment Officer
Email: rahman.towshik@aiib.org
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html