Karnaphuli Tunnel Authority Cites 14 Factors in Financial Loss Report

The Karnaphuli Tunnel Authority has outlined 14 distinct factors responsible for the project's accumulated financial deficits, marking a comprehensive review of the submerged tunnel's operational performance since its opening.

The factors cited by the authority encompass both structural and administrative challenges that have impacted revenue generation and cost management. These include issues related to toll collection mechanisms, traffic volume forecasts, maintenance expenditures, and administrative overhead costs.

The Karnaphuli Tunnel, which connects Chittagong's northern and southern areas beneath the Karnaphuli River, has been identified as a strategically important transport corridor. However, the project has faced ongoing scrutiny regarding its financial viability and operational efficiency since commencing operations.

Authority officials indicated that detailed analysis of these 14 factors would inform future operational strategies and policy adjustments. The comprehensive assessment is expected to guide efforts to improve the project's financial performance and maximize its utility as a critical transport infrastructure asset for the region.

Stakeholders have called for transparent communication regarding the tunnel's challenges and potential remedial measures to enhance revenue collection and operational sustainability.