KOICA launches new project in Bangladesh

The Korea International Cooperation Agency (KOICA) kicked off a new project titled “Improving the reliability and safety on National Highway Corridors of Bangladesh by Introduction of ITS (Intelligent Transport Systems)” on Thursday in a virtual ceremony.

KOICA selected Project Management Consulting (PMC) team organised in 5-company-joint-supply-structure of ‘Korea Expressway Corporation and Korea Transport Institute along with Soosung Engineering, S-traffic and Winitech' who also joined in this meeting from South Korea.

The meeting's objective was to share the overall project aim i) make road transport infrastructure of Bangladesh more safe, reliable, and sustainable, ii) use ICT for better, efficient and effective traffic management, iii) enhance the institutional capacity of RHD for road and traffic management and discuss the statement of work, project scope, timeline, deliverables in the project and future implementation plans with the Roads and Highways Department (RHD).

KOICA will support a budget of $8.9 million from 2020 to 2023 for Establishment of ITS Master Plan, Architecture and Standard, Implementation of Pilot Project, Capacity Building of RHD, RTHD and other relevant organisations of government of Bangladesh.

Young-Ah Doh, County Director of KOICA, mentioned that “Transportation sector is one of Korea’s development priority areas for Bangladesh. Through this comprehensive support from Republic of Korea, it is believed that Bangladesh can develop Road & Safety Master Plan along with establishment of an effective road management system which will reduce time and accidents for much-needed improved road conditions in the country.

Md. Nazrul Islam, Secretary of Roads Transport and Highways Division, and Md. Abdus Safur, Chief Engineer of Roads and Highways Department, shared their informative speech and requested close partnership with KOICA.