Bangladesh has the world’s largest inland waterway transport (IWT) system, ferrying 157 million passengers annually along a navigable river length of 3,800 kilometers. The country’s thriving passenger river transportation industry carries more intercity travelers at a lower cost than railways or buses. With a current national population of approximately 170 million and transport demand growing at a rate of 8%, the country’s IWT network was not keeping pace due to a lack of modern infrastructure, thereby resulting in a declining trend of modal transport share. Instead, travelers were choosing rail and road transport, despite their costs and longer routes. To improve key multimodal transport c
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