Dhaka, Dec. 28 -- A delegation from a leading South Korean rolling-stock manufacturer is expected to visit Dhaka soon to explore the possibility of setting up an assembly plant for metro- and conventional-railway coaches in Bangladesh.

The move comes as authorities seek ways to reduce the escalating costs of upcoming mass rapid transit (MRT) projects.

The proposed investment is part of Dhaka Mass Transit Company Limited's (DMTCL) broader strategy to localise rail coach assembly and eventually manufacturing, as development costs of future MRT lines are projected to exceed Tk 1.0 trillion.

Sources said the delegation would hold talks with senior officials of Bangladesh Railway (BR), the Bangladesh Investment Development Authority (BIDA) ...