According to BRTC and Daewoo sources the deal was partly financed by Economic Development Cooperation Fund.
“Among these buses, 150 vehicles will be air conditioned and 105 buses will be non air conditioned. Each of the units will cost around Tk 6.0 million to 7.0 million,” BRTC chairman MM Iqbal told the Financial Express. Then, he added: “These luxury buses will be superior to the existing buses running in the city and at inter-district level. We are importing these buses with a view to encouraging people to travel in buses rather than private cars.”