Malaysia Monday submitted final proposal to undertake Bangladesh's nearly 3 billion U.S. dollar Padma bridge project.

A high-level delegation of the Malaysian government submitted the written proposal to Bangladesh's Ministry of Communications.

The final proposal came five months after the Malaysian government signed a memorandum of understanding with the Bangladeshi government in Kuala Lumpur to fund the bridge project.

"Malaysia's final proposal will now come under scrutiny and then the government will make its decision about it," Communications Minister Obaidul Quader told reporters after receiving the final proposal.

As to the project financing, Quader said Malaysia is keen to become the lead financier of the project.

Malaysia in January this year made its offer to Bangladesh after the bridge project was stalled because the World Bank suspended its 1.2 billion U.S. dollar loan to the Bangladeshi government in October last year over alleged graft.

The 10 km-long bridge will be built over Padma River, one of the three biggest rivers in Bangladesh. About 6.15 km of the bridge will be built over the river while the remaining part on both banks.

Apart from connecting nearly 30 million people in Bangladesh's southwest region to the rest of the country, the bridge will enhance regional trade.