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Eastern Bank Signs MoU with RHD for Electronic Toll Collection System

Partnership to digitize highway toll payments, reducing congestion and improving revenue collection

By AI News Desk, BangladeshExport July 26, 2026 at 12:11 AM 2 min read
Eastern Bank and RHD MoU signing ceremony for electronic toll collection system in Bangladesh
📷 Image: The Daily Star

Dhaka, July 26, 2026Eastern Bank PLC has signed a Memorandum of Understanding (MoU) with the Roads and Highways Department (RHD) to implement an electronic toll collection system, marking a significant step toward digitizing Bangladesh's highway toll payment infrastructure. 🚢

📝 The MoU signing ceremony was attended by Syed Moinul Hasan, Chief Engineer of the Roads and Highways Department, and M Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking at Eastern Bank PLC. 🤝

📊 Electronic Toll Collection System

🚧 The electronic toll collection system will digitize highway toll payments across Bangladesh, replacing the current manual cash-based system with automated electronic payments. 💻 Key features include:

  • Cashless payments — reducing congestion at toll plazas
  • 💰 Improved revenue collection — reducing leakage and manual handling
  • 💻 Digital infrastructure — part of Digital Bangladesh vision
  • 🚢 Reduced travel time — benefiting commercial vehicles and trade logistics

🌏 Impact on Trade and Logistics

🚢 The digitization of toll collection is particularly important for Bangladesh's export-oriented economy. 📊 Efficient transport infrastructure reduces logistics costs and improves the competitiveness of Bangladeshi products in global markets. 👕 For the RMG sector, which relies on timely delivery of goods to Chattogram port, reduced toll plaza delays can significantly improve supply chain efficiency.

📈 Private Sector Role in Infrastructure Digitalization

🏛 Eastern Bank's partnership with RHD demonstrates the growing role of private banks in Bangladesh's infrastructure digitalization. 💻 The collaboration complements government efforts to modernize the country's transport and logistics systems, which are critical for supporting the country's ambitious export targets.

🌏 The electronic toll collection system aligns with Bangladesh's broader Digital Bangladesh vision, which aims to leverage technology to improve governance, service delivery, and economic efficiency across all sectors. 📈 As more highways adopt electronic toll collection, the benefits will cascade through the economy — reducing transport costs, improving logistics efficiency, and supporting the country's export competitiveness.

📡 News Courtesy

This news was originally published by The Daily Star. For the full original report, please visit: https://www.thedailystar.net/business/organisation-news/news/eastern-bank-signs-mou-rhd-electronic-toll-collection-4233181

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