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US$1.2 billion contract awarded to Italian-Thailand Development for Dhaka Elevated Expressway project
Oct 26, 2024•over 1 year ago
Contract Type
contract
DhakaConstructionSmart Cities
Description
The Dhaka Elevated Expressway (DEE), with a project value of US$1.2 billion, has faced delays due to legal conflicts and financial shortages. The Singapore International Arbitration Centre (SIAC) recently resolved a share transfer dispute, providing hope for the project's progress. The DEE aims to address Dhaka city's need for a faster cargo movement network.
Company Information
Company
Italian-Thailand Development Public Limited (ITD)
Location
Dhaka, Dhaka Division, Bangladesh
About
Italian-Thailand Development Public Limited (ITD) is involved in the construction of the Dhaka Elevated Expressway (DEE), a crucial infrastructure project for Dhaka city's traffic network.
Predictive Intelligence
Strategic
ML-powered predictions for Italian-Thailand Development Public Limited (ITD)'s next move
DhakaConstructionSmart Cities