The cost of the Moghbazar- Mouchak flyover project is expected to go up by nearly BDT2.70 billion due to plans to protect the underground utility services laid down on both sides of the flyover. The Local Government Division has proposed to increase the project cost for changes required to keep the underground utilities services intact. The proposal will be placed before the cabinet committee on public purchase for approval. The total project cost stood at Tk12.19 billion from the initial estimate cost of BDT7.73 billion.
The 8.25-kilometer Moghbazar- Mouchak flyover project was taken up in January 2011 and was supposed to be completed by December 2015 but the authorities concerned extended the time by one and a half year until mid-2017 as the work still remained incomplete. The length of the 2.555 kilometer Moghbazar part of the flyover was increased by 450 meters from Tejgaon Panthapath link-FDC gate to Sonargaon Hotel as per the directive of the prime minister, which will lead to the cost of BDT3.67 billion instead of BDT2.125 billion. And the length of the 2.208-kilometer Moghbazar-Mouchak link part from Bangla motor-Moghbazar crossing to Mouchak link will cost BDT3.154 billion instead of the original estimate of BDT1.998 billion. Experts said the flyover costs more and takes longer time to complete in Bangladesh than any other South Asian countries despite cheap labor and construction materials. One kilometer of four-lane flyover costs an average BDT1.23 billion in Bangladesh. The average cost of the same in India is BDT1 billion and in Pakistan, it is around BDT700 million.