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


Authors : Musa Hawlader; Syad Nazmul Alam; Isma Akter Epe; Tanvir Hossain

Volume/Issue : Volume 9 - 2024, Issue 5 - May

Google Scholar : https://tinyurl.com/ydewpvkj

Scribd : https://tinyurl.com/ytk8h55y

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

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.

References :

  1. A. &. G. G. Estache, "The impact of infrastructure on growth and development," in International Handbook of Development Economics, 2012, pp. 867-899.
  2. B. Adhikari, "The Padma Bridge and its impact on transportation systems in Barisal Division," Journal of Infrastructure Development, vol. 12, no. 3, pp. 145-161, 2020.
  3. K. A. S. &. A. M. Fattah, "Economic implications of the Padma Bridge: A comprehensive analysis," Financial Perspectives, vol. 29, no. 4, pp. 89-105, 2021.
  4. M. &. K. A. Rahman, "Policy implications of the Padma Bridge project in Bangladesh," Policy Analysis Quarterly, vol. 35, no. 2, pp. 223-245, 2022.
  5. M. &. M. S. Jalil, "The Padma Bridge and Sustainable Development Goals: A critical evaluation," Journal of Sustainable Development, vol. 14, no. 1, pp. 57-73, 2021.
  6. W. Bank, "World Development Indicators," 2022.
  7. B. B. o. Statistics, " Annual Economic Survey," 2021.
  8. I. M. Fund, " Bangladesh: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bangladesh," 2022.
  9. U. N. D. Programme, "Sustainable Development Goals," 2023.
  10. A. D. Bank, "Infrastructure Development in South Asia," 2023.

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.

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