Korea Expressway Signs MOU on Operation and Maintenance of Bangladesh Toll Bridge

The Daily Star reports, “Bangladesh Bridge Authority [on September 12] signed a memorandum of understanding with Korea Expressway Corporation (KEC), for operation and maintenance of the Padma Multipurpose Bridge,” a road and rail facility that is still under construction. The article notes, “Under the MoU, a technical team of KEC will visit Padma Bridge site and will give a technical proposal on maintenance method, required manpower and relevant issues including toll collection. . . . Once the technical proposal is approved, KEC will provide a financial proposal following [a] bridge operations and maintenance manual,” and the parties will execute a formal contract. A toll rate schedule is still under discussion, according to the report. (Links inserted.)