Bangladesh will enter a new era for accelerating economic growth after 2022 as our long-awaited dream of Padma Bridge will open in June. Reportedly, the pitch-casting work is going on and once it is done, the entire project work will be over. People will see a different Bangladesh from 2023 as three major development projects of the government including the Padma Bridge, Metrorail and Karnaphuli Tunnel will open.
These projects will boost economy, raise productivity, fuel overall exports, and ensure creation of jobs as well as economic development. Creating new jobs is important for raising productivity. Therefore, emphasis should be laid on proper technical training to workable unemployed youths in order to turn them into human resources.
The pitch-casting work is going on
and once it is done, the entire project
work will be over
Consumers will also get industrial raw materials, products and other daily necessities from Dhaka and the adjoining districts faster. Also, there will be a spurt in the growth of MSMES in southern districts due to this bridge.
The pace of implementation of various development projects has also increased. Bangladesh's relationship with development partners is now better than ever. Due to these reasons, the disbursement of foreign loans and grants has been increasing day by day.
The government and regulatory bodies should also think of sustainable sources of boosting the economy with more money. This is because the government will face challenges after the next fiscal year as these types of funds and grants might not be available all the time. These ground-breaking initiatives of the country, till date, are just the beginning of a journey, a journey which can shed more light on the track towards more affluence.