Japanese contractors Obayshi Corporation, Shimizu Corporation, JFE Engineer Corporation, and IHI Infra Systems Company Limited started the construction of the Second Kanchpur Bridge along with the Second Meghna and Second Meghna-Gumti bridges on the Dhaka-Chattogram Highway in January 2016. The total estimated cost of the three bridges was Tk 8,486.94 crore. Of the amount, Japan International Cooperation Agency (Jica) provided Tk 6,430 crore. The work of around 400-metre new Kanchpur bridge, with a cost of Tk 950 crore, was completed in December 2017 and the new one is two metres wider than the old one. The construction works on the new 930-metre Meghna and 1,410-metre Gumti bridges were completed spending cost Tk 1750 crore and Tk 1950 crore respectively.