Padma Bridge construction: UGC to donate Tk 65 lakh

DHAKA: The University Grants Commission (UGC) is expected to donate Taka 65 lakh for constructing the Padma Bridge in a bid to extend support to the government.

The decision came from a special meeting of UGC authority on Tuesday. Among others, UGC chairman Professor Dr AK Azad Chowdhury, all members of the commission and leaders of Officers Association of the commission were present at the meeting.

The press release stated that the fund will come from one day salary of UGC officers, money allocated for the purchase of car of UGC Chairman which he is forgoing and from other miscellaneous sources.

Earlier on Jun 29, the World Bank cancelled $1.2 billion fund for the Padma bridge project.

On July 9, the government decided not to request the World Bank (WB) for funding in much-talked-about Padma Bridge project rather it would begin construction works with own funding soon.

The cabinet approved beginning of Padma Bridge construction work by 2012 with country’s own fund on the same day.

Meanwhile, it decided to collect fund from foreign sources.

BDST: 1016 HRS, JULY 11, 2012
Edited by: Maria Salam, Asst Output Editor