Dhaka, April 18 -- Bangladesh Railway (BR) has finally chosen a joint-venture company between India and Bangladesh for the Dhaka-Narayanganj railway track development work, nearly two years after construction came to a halt following the exit of the Chinese contractor.

The cost of the project, which involved developing dual gauge track in parallel with the existing metre gauge line, increased from Tk 3.70 billion to Tk 6.58 billion due to the suspension, sources said.

Power Construction Corporation of China Limited expressed its ability to continue more than half of the track development work of the project in a termination letter submitted on March 15, 2023 showing ground of non-payment of their work and delay in getting land for work....