Chittagong-Cox's Bazar Railway gets inaugurated

17 Nov 2023 CW Team

Funded by the Asian Development Bank and constructed by the China Civil Engineering Construction Corporation (CCECC), China Railway Group, and Bangladesh's Max Group, the project was inaugurated in the presence of Bangladesh's Prime Minister, Sheikh Hasina, and China's Ambassador to Dhaka, Yao Wen.

The new railway line is set to significantly reduce the travel time between the port of Chittagong and Cox's Bazar, slashing it from six hours to two. Prime Minister Hasina expressed satisfaction, stating that the longstanding demand for the line had finally been met.

Chen Yongyi, a project manager with CCECC, highlighted to Xinhua news agency that the railway would integrate into the India-Bangladesh-Myanmar-China economic corridor. Ke Changliang, chairman of CCECC's Bangladeshi arm, emphasised that this project marked the first successful collaboration between Chinese and Bangladeshi enterprises, illustrating the principles of extensive consultation, joint contribution, and shared benefits inherent in the Belt and Road Initiative.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..