Mega jobs to get Tk 47,283cr from fresh ADP
The federal government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development cover the upcoming fiscal year.
The outlay will account for a fifth of the total annual production programme (ADP) for FY2021-22.
The brand new allocation for the mega projects is 11.94 per cent higher than the initial allocation of Tk 42,239 crore in the current fiscal year and about 49 % greater than the revised budget of Tk 31,742 crore.
Although the federal government has raised the cover the jobs in the original ADP of FY21 compared to the year before, the implementation has slowed due to the coronavirus pandemic.
Planning ministry officials said that a lot of development works had been hampered simply by the Covid-19 fallout as much foreign consultants and engineers engaged with the jobs either left the country or were unable to come back after a few started to be infected.
"This is why the allocation for some projects was slashed found in the revised ADP," said one official.
The present scenario may change in the coming months as the government has taken measures to fight the deadly virus, including rolling out the vaccination programme, which prompted the authorities to arrange for a higher development budget for FY22.
The size of the next ADP could possibly be Tk 225,324 crore, which is 14 % higher than the revised budget. The proposal will be positioned during the meeting of the National Economic Council today for last approval.
The government's fast-track project list involves nine projects, which the implementation of an LNG terminal was completed, and the Moitree Super Thermal Power Plant project is not being funded beneath the ADP.
The seven other projects that got ADP allocations include Padma bridge, metro rail, Padma bridge rail web page link, Dohazari-Cox's Bazar-Gundum rail line, Rooppur nuclear power plant, Matarbari power plant, and Payra deep seaport.
Five more mega assignments are also appearing funded by the ADP: new metro rail jobs -- the Dhaka Mass Rapid Transit Collection- 1 and Line -5, Bangabandhu railway bridge over the Jamuna, Dhaka-Ashulia Elevated expressway, and Karnaphuli Tunnel.
The government plans to add the five projects on the fast-track list. The fast-track projects are generally monitored by the Primary Minister's Office.
"If any issue arises during implementation, it really is sorted away immediately from the best level, ensuring speedy implementation," explained a senior official of the planning ministry.
FAST-TRACK PROJECTS
The Rooppur Nuclear Electricity Plant could be given the highest allocation of Tk 18,426 crore in FY22 against the current year's original allocation of Tk 15,691 crore and the revised allocation of Tk 10,167 crore.
Of the estimated total cost of Tk 113,093 crore, Tk 34,213 crore was spent by November last year.
The Matarbari Coal-based Electric power Plant came second as it might get Tk 6,162 crore in the brand new ADP. Of the project cost of Tk 35,984 crore, Tk 14,447 crore was spent as of November.
The Padma Bridge project is to get Tk 3,500 crore, that was Tk 5,000 crore in the initial budget and Tk 2,099 crore in the revised ADP.
There was a proposal to allocate Tk 5,000 crore for the Padma bridge project in FY22. But throughout a tri-get together achieving of the finance, planning and line ministries, it had been decided that Tk 3,500 crore will be set aside after reviewing the necessity.
Even so, the finance ministry offers assured that more money would be offered in the revised budget if needed.
The project's cost had been estimated at Tk 30,193 crore, and until November, Tk 23,975 crore was spent, based on the planning ministry.
The assumption is that around Tk 25,000 crore would be spent by the finish of this fiscal.
The deadline for completing the bridge has been extended to June next year. The federal government hopes to inaugurate it on June 23, 2022, on the founding anniversary of the ruling Awami League.
The Dhaka Metro Rail project gets an allocation of Tk 3,800 crore against the existing fiscal's original allocation of Tk 5,543 crore. It possesses remained the same in the revised ADP.
Of the project cost of Tk 21,985 crore, a complete of Tk 12,040 crore was utilised as of November.
The country's first metro rail system under the project "Mass Rapid Transit Line-6 (MRT-6) has been built from the capital's Uttara to Motijheel.
The inaugural performance test on MRT-6 started on May 11. It may take six months to a year to comprehensive the remaining tests.
The project's original implementation period was 2012 to 2024. Primary Minister Sheikh Hasina later directed the concerned authorities to make metro products and services from Uttara to Agargaon operational by 2019 and Agargaon to Motijheel by 2020.
That deadline was pushed back because of the coronavirus pandemic. The authorities happen to be hopeful about completing the project before 2024.
The federal government will allocate Tk 3,823 crore for the Padma Bridge Rail Link, the major project of Bangladesh Railway, up from the revised allocation of Tk 1,495 crore.
The completion deadline for the Tk 39,246 crore project was extended to June 30, 2024, two years more than the original tenure.
Of the project cost, Tk 14,671 crore was used until November, with 31 % progress in physical gets results.
The Dohazari-Gundum rail brand is to get Tk 1,425 crore, while two projects on the Payra deep seaport may receive a combined Tk 570 crore.
The new metro rail projects are certain to get Tk 1,200 crore, Bangabandhu rail bridge Tk 3,580 crore, Dhaka-Ashulia elevated expressway Tk 3,227 crore, and Karnaphuli Tunnel Tk 1,650 crore in the next ADP.
