Dhaka, Jan. 24 -- The cost of a project to improve Munshiganj's road connectivity with Dhaka and its surrounding areas has been increased by 49.04 per cent in the first revision proposal.

The project involves widening 10.813km of roads and constructing 9.06km of elevated roads from Panchabati in Narayanganj to the Muktarpur Bridge on the Dhaleshwari River.

Initiated in January 2021, the project's estimated cost was Tk 22.43 billion. Now the Bridges Division has sent the first revision proposal, increasing the cost by Tk 11 billion to Tk 33.43 billion and extending the deadline by one more year.

The cost has been raised due to the increase in land acquisition costs, pressure on the exchange rate, and additional costs for shifting utilit...