Dhaka, Dec. 17 -- Government spending on the Dhaka-Ashulia Elevated Expressway (DAEE) project is likely to rise by 78 per cent as the Bangladesh Bridge Authority (BBA) has finalised a revised cost estimate of Tk 272.33 billion.

The government's contribution to the DAEE project was Tk 59.51 billion, which increased to Tk 78.60 billion in the first revision. The latest revised development project proposal (RDPP) proposes raising the government contribution further to Tk 139.90 billion.

Meanwhile, the China EXIM Bank's contribution will rise to Tk 132.42 billion, up from Tk 109.49 billion in the original DPP. Overall, the second revision of the DPP shows a 55 per cent increase over the original project cost, while the Chinese loan share is...