A Study on the Impact of the Padma Multipurpose Bridge on the Economy of Bangladesh

Musa Hawlader; Syad Nazmul Alam; Isma Akter Epe; Tanvir Hossain1

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Publication Date: 2024/06/10

Abstract: The Padma Bridge, a monumental infrastructure project in Bangladesh, stands out for its promise of significant economic benefits. This comprehensive study delves into its unique impact on both local and national economies. Employing a case study methodology, we provide in-depth insights into how the Padma Bridge, with its distinct features such as [unique feature 1] and [unique feature 2], influences Bangladesh's economic landscape. Drawing upon an analysis of 33 prior studies, we identify critical information regarding the bridge's economic impact, examining its role in reducing travel times, enhancing trade, and stimulating new investment opportunities in the previously isolated southwestern region. Our analysis underscores the bridge's pivotal role as a driver of economic growth and development, estimating potential increases in GDP and job creation. Furthermore, our findings align with Sustainable Development Goals (SDGs), particularly those related to Trans-Asian Networks, reassuring researchers about the project's sustainability and long-term benefits for Bangladesh. This study sheds light on the Padma Bridge's economic significance and offers valuable insights for infrastructure development projects worldwide.

Keywords: Employment Opportunities, GDP Growth, Padma Bridge, Transportation Efficiency, Trans-Asian Networks, SDG.

DOI: https://doi.org/10.38124/ijisrt/IJISRT24MAY2010

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT24MAY2010.pdf

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