www.chinabuses.org: South Korean company Daewoo International Corp. has signed a US$29.9 million deal to supply buses powered by compressed natural gas to Bangladesh, reports the Dhaka journal The Financial Express. The deal, partly financed by Korea Economic Development Cooperation Fund (EDCF), is said to include 255 CNG buses and necessary spare parts, for Bangladesh Road Transport Corporation (BRTC).

Daewoo Bangladesh CNG bus

Bangladesh Road Transport Corporation (BRTC) chairman Major (Retd) MM Iqbal said importation will occur within 6-8 months of opening a letter of credit, expected to be completed before end of January. Among these buses 150 vehicles will be air conditioned and 105 buses will be non air conditioned. Each of the buses will cost around USD 84,000 to 96, 000.

Dhaka, formerly known as Dacca, and Jahangirnagar during the Mughal era, is the capital of Bangladesh and the principal city of Dhaka Division. Dhaka is a megacity and one of the major cities of South Asia. Located on the banks of the Buriganga River, Dhaka, along with its metropolitan area, has a population of over 12 million, making it the largest city in Bangladesh and the 9th largest city in the world. Dhaka is known as the Rickshaw Capital of the World. Approximately 400,000 cycle rickshaws run each day.

Source : www.chinabuses.org

Editor : Busworld

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