The government has signed a 133.39 billion yen credit deal with Japan for another metro rail linking the city's east to west.
The deal is worth Tk 92 billion in terms of taka.
Economic Relations Secretary Fatima Yasmin and Japanese Ambassador Naoki Ito inked the deal on Tuesday.
On the 19.6-kilometre Route 5, metro rail link will be established between Savar's Hemayetpur and Bhatara via Gabtoli, Mirpur 10, Kochukhet, Banani and Gulshan 2.
The tracks from Hemayetpur to Aminbazar and from Notun Bazar to Bhatara will be elevated while the remaining 13.5 kilometres will be under the ground.
The total estimated cost of the project is Tk 410 billion, of which Japan will provide around Tk 290 billion.
Under the 43rd yen credit deal, Japan will also provide around Tk 22 billion through currency swap for the South Chattogram Development Project.
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