The construction deadline has also been extended to June 2020, official sources said
The revised overhead budget for Khan Jahan Ali Airport in Bagerhat district has been reduced from Tk545 crore to Tk217 crore, thanks to shifting the project to a public-private partnership (PPP) arrangement.
The construction deadline has also been extended to June 2020, official sources said.
The airport will be 25 minutes away from Bagerhat district town and is expected to boost eco-tourism and speed up the activities of Mongla Port, Mongla EPZ and different industries, including that of shrimp.
According to sources, the budget for over 400 acres' worth of land acquisition was initially set at Tk43 crore, but in the new proposal, an additional 133 acres will increase the budget to Tk169 crore.
On May 5, 2015, the Executive Committee of the National Economic Council (Ecnec) approved the airport construction costing Tk544 crore. As of June, an amount of Tk43 crore was spent from the budget.
While visiting the construction area in Sadar and Rampal upazilas of Bagerhat, namely the villages of Faila, Hogoldanga, Gobindapur and Godardanga, the UNB correspondent found security guards guarding the plots which have been acquired by the government for constructing the airport.
The foundation stone for building the airport in the area was laid on January 27 back in 1996.
After 1997, there had been no further development apart from earth filling.
On July 10 this year, State Minister for Finance and Planning MA Mannan said the Khan Jahan Ali Airport project has been transferred to a PPP arrangement with a revised budget of Tk217 crore.
Out of total amount, Tk195 crore will be given by the government, while the remaining amount will be provided by the Civil Aviation Authority, Bangladesh.