The economic Impact of Padma Bridge
Padma Bridge is the country's largest bridge connecting the Area Mawa and Jazira
Padma Bridge is the country's largest bridge connecting the Area Mawa and Jazira, which will have a vast economic impact on the nation. As per Maunsell, consultant of the bridge's design, in 2010, the bridge's Benefit-Cost Ratio (BCR) was 1.6 percent also the Economic Internal Rate of Return (ERR) was 18 percent. The BCR will be 2.1 and ERR 22 percent. Add the cost of bridge construction.
This bridge not only connects 2 areas; instead, it connects 21 districts with the capital of Bangladesh. Now the farmers of these areas are encouraged to utilize their land for farming. Payra seaport can also be a reason for establishing small and big industries in these coastal areas. Importing foreign items can easily penetrate the country and Export Bangladeshi products worldwide because of Padma Bridge. Kuakata is the place for sunset in Bangladesh. Also, Shundarban the largest contiguous mangrove forest globally, which are can be a reason for increased tourist interaction with the communication system with Padma Bridge. However, the independent consultants of the World Bank and the specialist firm assigned by the Bridge authority have analyzed the economic impact of the bridge. Following the survey report, the economic impact of the bridge will help increase the annual GDP of the south by 2.0 percent and the overall GDP of the country by more than 1.0 percent. The development of the bridge will improve the integrated communication structure of the country.
They are Khulna, Bagerhat, Jessore, Satkhira, Narail, Kushtia, Meherpur, Chuadanga, Jhenaidah, Magura under the Khulna Division; Barisal, Pirojpur, Bhola, Patuakhali, Barguna and Jhalokati under the Barisal Division; and Gopalganj, Faridpur, Madaripur, Shariatpur and Rajbari under the Dhaka Division.