Dhaka, Dec. 2 -- Dhaka Metro Rail Company continues its effort for negotiating over-priced quotations in various contracts of metro-rail projects and will soon send a reminder to the projects' Japanese financier.

Managing Director of Dhaka Mass Transit Company Limited (DMTCL) Faruque Ahmed explained the move during monthly press conference in the DMTCL conference room Monday in response to a question about JICA rejection of request for cancellation of tender.

He says negotiation is a continuous process and a journey and DMTCL continues it to modify conditions.

"Yes, JICA has responded to our letter and against the letter we reiterate the demand to give us scope of cost optimization," the MD clarifies, adding that the negotiation journe...