Padma Bridge to accelerate GDP growth by 1.2-1.5pc

The Padma Bridge would boost the growth of the gross domestic product of Bangladesh by 1.2 per cent to 1.5 per cent, said speakers at a programme on Wednesday. 

Green Delta Capital Ltd, a merchant bank, organised the programme styled "Padma Bridge and Opportunities for Bangladesh's Capital Market" to celebrate the opening of the bridge and explore the opportunities it would create, according to a press release.

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Md Rafiqul Islam, managing director of Green Delta Capital Ltd, presented a keynote paper, highlighting the opportunities for the capital market that Padma Bridge would bring forth.

"The capital market can add value to meet long-term funding gap for both the public and private sectors. By strengthening the bond market, they can mobilise funds to fully access the wide array of opportunities that Padma Bridge brings to the table."

Mashiur Rahman, the economic affairs adviser to the prime minister, Sheikh Mohammad Salim Ullah, secretary of the Financial Institutions Division, and Nasiruddin Ahmad Choudhury, chairman of Green Delta Capital Ltd, were present.