JV appointed to develop depot area

Business Desk :
The metro rail authorities yesterday appointed a Japan-Bangladesh joint venture firm to develop the depot area of the country’s first-ever underground metro rail, formally known as Mass Rapid Transit (MRT) Line-1.
Dhaka Mass Transit Company Ltd (DMTCL), the implementing agency of all metro rail projects, yesterday signed a contract with the firm at a city hotel.
The companies are Tokyu Construction Co Ltd of Japan and Max Infrastructure Ltd of Bangladesh.
MAN Siddique, managing director of the DMTCL, Project Director Abul Kashem Bhuiyan, Masakazu Konishi, executive officer and division manager of Tokyu Construction Ltd, and Ghulam Mohammed Alomgir, chairman of Max Group, signed the contract.
Tokyu was also involved with the development of the depot area of the country’s first metro rail (MRT Line-6) in the capital’s Diabari while Max is involved with several projects of Bangladesh Railway and Roads and Highways Department.