Daily News Briefs, September 13, 2019

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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.)

Bangladesh Korea Expressway Corporation P3

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Austin Will Convert Vacated Tollbooth into Temporary Fire Station

CBS News Austin reports, the Austin City Council approved funding to convert an “old, outdated” SH 130 tollbooth into a temporary fire station. The city has plans to build a permanent facility, but the retrofit will reduce the fire department’s response time to some neighborhoods in the meantime.

Austin (TX) Metro Area Texas TX State Highway 130

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These are just some of the toll industry developments TRN is following.

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