Conference Papers 2023

Seminar
Day 1 (6 Sep 2023), Session 1, Wider Economic Impacts: Continual Evolution, 10:30 - 12:30

Status
Accepted, documents submitted

Submitted by / Abstract owner
Shamema Akter

Authors
Shamema Akter,
Senior Economist/Transport Economist, BCL Associates Limited and life member of BEA, Bangladesh

Short abstract
This paper presents that a 24 km long 4 lane elevated toll expressway project from just south of the international airport roundabout to approximately 2 km north of the Baipail is economically viable to alleviate the severe traffic jams in the capita

Abstract
The Dhaka-Ashulia Elevated Expressway Project (DAEEP) was proposed to reduce the existing traffic congestion in northern part of Dhaka especially for Dhaka-Ashulia area.
In this paper, economic analysis of new construction of the Dhaka-Ashulia Elevated Expressway, and its results are observed by conducting an empirical study. It has also been shown that the DAEE project is economically important.

The objective of the study is to explore the linear correlation between Dhaka-Ashulia Elevated Expressway Project (DAEE or DAEXW) and Gross Domestic Product (GDP) per capita. Besides economic analysis of 24 km and 4 lane new elevated expressway in Dhaka district and finding out economic viability to examine the acceptability of the project in the context of Bangladesh.

For this purpose time series economic data from the International Monetary Fund (IMF) and DAEE project is used for analyzing bivariate linear regression using SPSS, and used spread sheets,HDM4 software, a lot of data, information from various sources for economic analysis of construction the new elevated expressway.
It found that there is a positive linear association of the construction of new Dhaka Ashulia Elevated Expressway (DAEE or DAEXW) and Gross Domestic Product (GDP) per capita, and the economic analysis of DAEXW with the rise of per capita GDP. And on the other hand, from economic analysis, the economic internal rate of return (EIRR) is 16.3%pa, benefit- cost ratio (B:C) ration is 1.52 (i.e. B/C of DAEE>1) and economic net present value (NPV) is USD 297.7 million @ 12% discount rate.
As a result of this project, people of around 30 districts will be able to move in and out of the capital city Dhaka quickly and easily. It is also expected to the contribution of this project to GDP will be 0.33% in 2056. Besides, from opening (2026) to 2056 (the range of GDP will be 0.04 - 0.33%) namely, after 30 years the average contribution will be 0.1% which will be added to the country's GDP.
Consequently from economic analysis and an empirical study it is seen that the project is very realistic and significant to Bangladesh Bridge Authority (BBA) and Bangladesh. This will result in smooth and timely goods transportation by trucks Chittagong Port from Dhaka Export Processing Zone (DEPZ) and other places. Moreover, after completion of the construction DAEE, people from the north, west and southwest of the country will be able to avoid Dhaka's horrendous traffic congestions and move from one side of the city to the other without entering the city of the capital. Also, the DAEXW will be connected with under construction Dhaka- Elevated Expressway (DAEXW) airport to Kutubkhali on national highway1 (NH1)

Programme committee
Transport Economics, Finance and Appraisal

Topic
Supply chain challenges – impacts of labour and resource constraints in freight and passenger transport