Economic Prospect of Padma Multipurpose Bridge in Bangladesh: A Case Study on the People of these Bridging Areas

A country’s economic development generally depends on the degree of infrastructural development of that country. Though Bangladesh is a developing country, its recent government is trying to progress in developing infrastructure as it is one of the most significant prerequisites to the total development of the country. The recent government has taken various and massive initiatives for infrastructure development. Padma bridge construction is the largest and bold project in the history of Bangladesh. The Padma Multipurpose Bridge (PMB), the 25th longest bridge in the world, will be constructed within 2018 aimed at contributing to the overall economic development in Bangladesh by eliminating all hurdles to the south-west corridor and activating economic exchanges between the regions. The purpose of the study is to determine and measure the Economic Prospect of Padma Bridge in Bangladesh including GDP, GNP, standard of living, infrastructure development in transportation and communication, industrial growth and employment opportunities etc. that are hinged on Padma Multipurpose Bridge. Padma Multipurpose Bridge is Government’s self-financing, courageous and biggest project which will cover the entire development of the overall economic activities and ensures quality of life that will be derived from the implementation of the project. From the viewpoint of development researcher, If a country has to develop from economic to social, it must develop its infrastructures The study investigates, measure, and evaluates whether The Padma Bridge would bring economic prospect from the reflection light of peoples’ perceptions. To do this Five-Point Likert Scale has been used to survey people who are inhabitants and experts of these regions. As samples of 100 respondents (selective samples) have been surveyed since they represent all population segments in the country. This paper reports on the findings of a study to examine the economic prospects of the country based on primary and secondary data regarding the project.