Tk 3734.84 crore proposed in new budget for housing and public works

DHAKA, June 1, 2017 (BSS) - The government has allocated Taka 3734.84 crore for the Ministry of Housing and Public Works in the proposed budget for the fiscal (FY) 2017-2018.

The proposed budgetary allocation is Taka 1,440.55 crore less than the revised budget of the outgoing FY 2016-17, which was Taka 5,175.49 crore.

Placing the budget proposals at the Jatiya Sangsad here today, Finance Minister Abul Maal Abdul Muhith said, "I propose to allocate Taka 1,165.84 crore in non-development and Taka 2,569 crore in development budgets for the ministry of housing and public works for FY 2017-2018."

In order to develop modern and planned city system in the light of the 7th Five-Year Plan and Sustainable Development Goals, he said, we will continue the ongoing activities of formulating, coordinating and updating the zonal plans, master plan and detailed structure plan.

Expansion of Housing Facilities, the finance minister said, "We have taken initiatives to build 62,000 flats under Purbachal new city project on PPP basis and 10,944 flats under Jhilmil project on PPP/ G-to-G basis. We have plans to construct 4,662 residential flats at Korail, Lalasarai and Mohakhali in Dhaka on PPP-basis."

In addition, Muhith said, nearly 10,000 flats will be built for low-income people at Mirpur under PPP model. Furthermore, there is a plan to construct a satellite township at Section 9 of Mirpur in Dhaka and a multi-storied commercial-cum- residential building at GEC intersection in Chittagong.

With a view to reducing traffic congestion in the city of Chittagong, the minister said, an initiative has been taken to construct a 16 km long elevated expressway from Lalkhan Bazar to Shah Amanat Airport.

Alongside, he said, a 12 km flyover from Shantinagar to Dhaka-Mawa road would be built to improve traffic congestion of the capital city.

Finance minister said, "there is no alternative to improved institutional training for drivers for easing traffic congestion and preventing road accidents.'

He said we have planned to establish one new Driver Testing and Training Centre in each divisional city.

Source: Bangladesh Sangbad Sangstha (BSS)