Bangladesh's Chittagong Municipal Corporation and Egypt's Orascom Arab Contractors Joint Venture signed a memorandum of understanding for the monorail project, marking the official launch of the country's first monorail train system. The project plans to have three routes with a total length of 54 kilometers, with an estimated investment of 250 billion taka (approximately 2.046 billion US dollars). It will adopt a public-private partnership (PPP) model and be funded by the German investment company Nass and the National Bank of Egypt. The plan is to be completed within 5 years, aiming to solve the problem of urban traffic congestion and promote regional sustainable development.

Three lines cover the core area of Chittagong: Line 1 (26.5 kilometers) connects Karulgat and the airport, Line 2 (13.5 kilometers) runs through the city gate to Shahid Bachiruzaman Square, and Line 3 (14.5 kilometers) connects Oxagen and Felingibazar, passing through key nodes such as commercial centers and transportation hubs. The contractor consortium stated that the project adopts environmentally friendly design and will achieve economic returns through ticketing, advertising, and real estate appreciation along the line, with an expected return of 5-7 times the investment.

The Mayor of Chittagong emphasized that the monorail is a "real breakthrough" in urban transportation. Compared with the previous intelligent transportation system and bus network, its large capacity and low energy consumption characteristics will significantly improve commuting efficiency, becoming a modern hub connecting Chittagong and South Asia. The feasibility study of the project needs to be initiated after approval by the Executive Committee of the Bangladesh National Economic Commission, and the Chittagong City Government will be responsible for land and logistical support. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Wu Juan