The Communications Minister said this while talking to reporters after visiting renovation work of Baddarhat-Karnaphuli link road in the port city of Chittagong on 25 July 2013.

The project will be implemented with the financial assistance of China involving BDT 55bn (USD 0.7bn). The funding proposal is now at Economic Relations Division (ERD), he said.

The minister also said the feasibility study of the tunnel has already been completed. After construction of the tunnel, a new city will be built on the other side of the Karnaphuli river, he said.