Dhaka: Bangladesh has decided to purchase 300 double-decker buses from Indian motor vehicle maker Ashok Leyland.
The proposal was approved by the cabinet committee. The purchase amounts to around
Tk 239 crore which is equivalent to $29 million.
According to an official of the finance ministry, the purchase was part of a $74.66 million project to bring in double-decker and single-decker A/C and non-A/C buses.
Of the project cost, India was providing $55.83 million under a $2 billion LoC.
As per the Line of Credit (LoC’s) condition, Bangladesh Road Transport Corporation (BRTC) invited tenders in which only Indian companies could participate.
The finance ministry official also said while giving the approval, the committee wanted to know about the condition of the buses procured earlier by the BRTC.
It also wanted to know why the buses previously bought by the BRTC were not plying on the roads.