Bangladesh Railway will purchase 150 metre-gauge carriages and 20 metre-gauge electronic locomotive from South Korea in a bid to enhance rail communications of the country, cited local media reports.
On July 27, the Bangladesh government finalised an agreement with South Korean joint venture. The agreement stated that South Korean firm Sung Shin RST and POSCO International would supply the carriages at Tk 6.58 bn. The carriages are likely to be delivered by next 18-30 months.
($1= Tk84.6)