Dhaka, Jan. 12 -- The government is forced to spend public funds almost three times higher than the actual estimation of the maritime safety project of the Department of Shipping (DoS) as it is delayed for eight years.

As the DoS failed, insiders said on Saturday, the government extended the execution deadline five times and thus revised the scheme for five times too.

Repeated delays will not only take 11 years and a half for completion, the failure has also swelled cost by 151.56 per cent to Tk 9.326 billion from that of original estimation of Tk 3.71 billion, officials concerned told the FE.

The state-run entity in January 2014 undertook the 'Establishment of Global Maritime Distress and Safety System & Integrated Maritime Navigation...