Tuesday, July 5, 2022

Why and how Padma bridge is a symbol of Bangladesh’s national prestige and economic prosperity?

The Padma Bridge’s self-financing has been recognized both at home and internationally. The country’s dignity has also improved. The Padma Bridge is a symbol of Bangladesh’s confidence and dignity, as well as an expression of Bangladeshi sentiment. On July 4, 2001, Prime Minister Sheikh Hasina lay the foundation stone for the Padma Bridge, which will benefit more than three crore people (30 million) in 21 districts throughout southern Bangladesh. The 6.15-kilometer bridge, which includes a four-lane highway and a one-lane railway, is now a reality.

PM Sheikh Hasina made it a reality today in the face of hundreds of difficulties, obstructions, bogus claims, and World Bank machinations. Her father’s uncompromising, resolute, and unyielding will-power enabled the construction of the Padma Bridge.

On July 8, 2012, Prime Minister Sheikh Hasina stated unequivocally in this great National Assembly that the Padma Bridge would be built at Bangladesh’s own money.

Padma Bridge is 6.15 kilometers in length. However, if we include some of the shore, the overall length will be around 9 kilometers. Cars will operate on the bridge’s upper level, while trains will travel on the lower level.

Padma Bridge was built at a cost of Tk 30,193.39 crore (nearly 3 billion USD). Construction of bridge infrastructure, river governance, linking highways, land acquisition, restoration and the environment, as well as salaries and allowances, are all included in these costs.

The bridge will connect a substantial portion of Bangladesh’s population, including the country’s southern and western regions.

Prime Minister Sheikh Hasina launched the major bridge and river management projects on December 12, 2015. The design and rehabilitation work has begun on January 19, 2009.

On June 25, the Padma Bridge will be inaugurated in a way that allows the country’s ordinary citizens to be a part of this historic achievement — Bangladesh’s first freely funded megaproject.

Every one of the country’s 4,000+ unions will use pyrotechnics and fire lanterns to brighten up the night sky. During the day, helium balloon clouds will float across the country.

Patients will no longer be forced to lie in an ambulance and leave early while waiting for the ship to arrive. Holding the hand of the bridge over the river Padma, he will be able to travel to the capital in the blink of an eye for better treatment.

People in the districts of Khulna, Bagerhat, Jessore, Satkhira, Narail, Kushtia, Meherpur, Chuadanga, Jhenaidah, Magura, Barisal, Pirojpur, Bhola, Patuakhali, Barguna, Jhalokati, Gopalganj, Faridpur, Madaripur, Shariatpur, and Rajbari dream of new ventures centered on this bridge.

On the occasion of the bridge’s inauguration, the bus companies will introduce a new bus service.

The benefits of the Padma Bridge, which is helping to industrialize the south and south-west, are now being realized in Mongla’s port. Nearby are already several cement factories there. Various export-oriented businesses, such as clothing, have also begun to emerge.

In the same way, the importance of Payra port will rise. The port will boost trade with Bhutan, Nepal, and India’s southeastern states.

Mongla is home to a special economic zone with 205 acres of land. Economic zones have already been established at Khulna’s Faridpur, Madaripur, and Khalishpur. In Khulna, EPZs are once again turning around.

If gas, electricity, and other amenities are delivered in accordance with demand, the country’s southern and south-western regions will be the most prosperous.

The bridge’s Bonfit Cost Ratio (BCR) is 1.6 percent and its internal rate of return (ERR) is 18 percent, according to a study report by Monsell, a consultant for the Padma Bridge.

In other words, the organization claims that the bridge’s building has benefited the economy.

According to a World Bank analysis, the Padma Bridge’s economic impact will boost GDP in the south by 2% and the country’s total GDP by more than 1%.

According to a survey conducted by the Asian Development Bank (ADB), 24,000 cars will cross the Padma Bridge every day in 2022. There are 6,238 buses, 10,244 trucks, and almost 5,000 microbuses and private automobiles among them.

Every year, the number of automobiles will increase by 6% to 7%. In that situation, by 2050, the bridge will be used by 6,000 different types of vehicles per day.

The Padma Bridge’s development would also strengthen the country’s integrated communication system. The Trans-Asian Highway (N-6) and the Trans-Asian Railway will be linked by the bridge. As a result, on both sides of the bridge, economic zones, high-tech parks, and private companies are springing up.

Due to the bridge, the seaports of Mongla and Payra will be open. In addition, the tourism business will grow. Domestic and international tourists go to Kuakata Beach, the Sundarbans, the sixty-domed mosque, Bangabandhu’s mausoleum, and the resorts along the Mawa and Jajira rivers.

Because there was no Padma Bridge, people had to wait for hours for ferries, with hundreds of people drowning in the Padma’s raging waves. Those excruciating days are drawing to a close. Now it’s up to the people of the South and South-West to realize their ambitions.

In order to eliminate unemployment, industrial factories will now be built in the area. People will be treated better. The entire south and southwest will change. Everyone is taken aback by the acquisition of Padma Bridge. This is the Bangladesh’s marvel.

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