PM receives over Tk 314cr as Padma Bridge loan repayment installments

Prime Minister Sheikh Hasina has received over Tk314 crore as the 7th and 8th installments of Padma Bridge loan repayment.

Road Transport and Bridges Minister Obaidul Quader handed over a cheque of Tk314,64,86,963 to the Prime Minister at a programme at the Ganabhaban on Thursday.

PM's Principal Secretary M Tofazzel Hossain Miah, PMO secretary Mohammad Salahuddin, PM's Press Secretary M Nayeemul Islam Khan, Finance Division Secretary Dr. Md Khairuzzaman Mozumder and other concerned high officials were present at the programme.

With the latest installments, the bridges division has so far paid a total of Tk1262,66,06,548 to the government.

A total of Tk1653,71,65,550 was collected as toll from the Padma Bridge since its operation on June 25 in 2022 to June 26, 2024.

The Padma Bridge was built with own finance at a cost of over Taka 32,605.52 crore.

The loan was taken from Bangladesh Bank at a low interest rate under an agreement signed between the Finance Division and the Bangladesh Bridge Authority.

On June 25, 2022, the Prime Minister opened the country's largest bridge - 6.15-km Padma Bridge - over the mighty river Padma.

/MHK/