According to the Dhaka Mass Transit Company Limited (DMTCL) and the Planning Commission, the significant 130% surge in the proposed budget for Metro Line-1 is largely due to receiving bids that exceeded initial estimates. Officials noted that a lack of robust competition during the tendering phase further contributed to the rising costs.
National
High bids and low competition push Metro Line-1 costs up by 130%
The DMTCL and the Planning Commission have identified high bidding prices and limited competition as the primary drivers behind the 130% cost increase for Metro Line-1.
Source: TBS Bangladesh