[ADB supports modernization of key railways in Bangladesh with 688 million US dollars] Recently, the Asian Development Bank signed a $688 million loan agreement with the government of Bangladesh to upgrade the crucial Chittagong Doha Zari railway. The project aims to modernize 35 kilometers of railway lines and construct new detours to address the severe shortage of railway capacity in the country. Currently, a large number of trains across the country are out of service due to outdated equipment, and the transportation demand at the port of Chittagong can only meet one-third of the demand. After the completion of the project, direct transportation from Dhaka to Cox's Bazar will be realized, significantly improving the efficiency of the core corridor carrying about 32% of passenger and 55% of freight transportation nationwide. This is a key step for Bangladesh to strengthen economic integration and optimize its logistics system, and also brings new market opportunities for international enterprises. Editor/Cheng Liting
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