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The government has approved an additional Tk847.58 crore for the Hazrat Shahjalal International Airport expansion project, raising its total cost to Tk22,213.10 crore under the third revision.
The project’s implementation period has also been extended to June 2027.
The revised project was approved at a meeting of the Executive Committee of the National Economic Council (ECNEC) at the Bangladesh Secretariat on Tuesday (September 29). Prime Minister and ECNEC Chairperson Tarique Rahman chaired the meeting.
According to documents from the Planning Ministry, the airport expansion project was launched in July 2016 with an estimated cost of more than Tk13,610 crore. Its original completion deadline was June 2022.
The project’s cost was revised twice, with the second revision raising it to Tk21,365.52 crore. The third revision has added another Tk847.58 crore, taking the total cost to Tk22,213.10 crore—around Tk8,603 crore higher than the original estimate.
Under the third revision, the government will provide Tk5,115.97 crore, while Tk17,097.12 crore will come from project loans.
The project’s deadline has been extended several times since its original completion date. Under the latest revision, it is scheduled for completion by June 2027.
The airport expansion project was among 13 development projects approved at Tuesday’s ECNEC meeting, with a combined cost of Tk15,823.57 crore.
Of the total cost of the 13 projects, Tk10,118.33 crore will come from government funds, Tk5,252.96 crore from project loans and Tk382.28 crore from the implementing agencies’ own funds.
Eight of the approved projects are new, three are revised and two involve extensions of implementation periods.
The other approved projects include health, financial sector support, disability training, flood and river management, digital land management, rural infrastructure, electricity network expansion, solar power and RAB’s technical and technological capacity-building initiatives.
