Economic Reporter :
The country’s second biggest port-Mongla is expected to regain its lost glory soon as the government is considering a Tk 43.93 billion project for modernisation of the port, official sources said.
In the face of growing demand for using the port by Bangladesh and other South Asian countries, the government has taken the move to modernise the port, the sources informed.
To this effect, the Ministry of Shipping (MoS) has recently prepared a development project proposal titled ‘Modernisation and Expansion of Mongla Port Facilities’.
“We have sent the proposal to the cabinet division for consideration and approval by the cabinet committee on economic affairs,” a high official of the MoS told The New Nation.
A high official of the cabinet division said the proposal would be placed at the committee meeting scheduled soon.
The fast track project is proposed to be implemented by a Chinese company under government-to-government (G2G) initiative.
The Mongla Port Authority (MPA) and China National Complete Engineering Corporation (CNCEC) signed a memorandum of understanding (MoU) on the project on August 12, 2015.
The Economic Relations Division (ERD) in its 34th meeting on April 21, 2016 had decided to implement the project with Chinese loan.
As per the MoU, the CNCEC is supposed to construct container terminal, multi-storied car yard, container delivery yard, container yard (adjacent to jetty no. 9), expansion of existing main road and bypass, removal of wrecks from Pussur Channel, protection of sliding of accumulated soil underneath the jetty of the port and mobile X- ray container scanner system.
Once the development work is completed, the port is expected to be able to handle 8,72,000 twenty-foot equivalent units (TEUs) of containers by 2025 and, over 4.5 million TEUs of containers and around 30,000 vehicles/ cars by 2049.
The country’s second biggest port-Mongla is expected to regain its lost glory soon as the government is considering a Tk 43.93 billion project for modernisation of the port, official sources said.
In the face of growing demand for using the port by Bangladesh and other South Asian countries, the government has taken the move to modernise the port, the sources informed.
To this effect, the Ministry of Shipping (MoS) has recently prepared a development project proposal titled ‘Modernisation and Expansion of Mongla Port Facilities’.
“We have sent the proposal to the cabinet division for consideration and approval by the cabinet committee on economic affairs,” a high official of the MoS told The New Nation.
A high official of the cabinet division said the proposal would be placed at the committee meeting scheduled soon.
The fast track project is proposed to be implemented by a Chinese company under government-to-government (G2G) initiative.
The Mongla Port Authority (MPA) and China National Complete Engineering Corporation (CNCEC) signed a memorandum of understanding (MoU) on the project on August 12, 2015.
The Economic Relations Division (ERD) in its 34th meeting on April 21, 2016 had decided to implement the project with Chinese loan.
As per the MoU, the CNCEC is supposed to construct container terminal, multi-storied car yard, container delivery yard, container yard (adjacent to jetty no. 9), expansion of existing main road and bypass, removal of wrecks from Pussur Channel, protection of sliding of accumulated soil underneath the jetty of the port and mobile X- ray container scanner system.
Once the development work is completed, the port is expected to be able to handle 8,72,000 twenty-foot equivalent units (TEUs) of containers by 2025 and, over 4.5 million TEUs of containers and around 30,000 vehicles/ cars by 2049.
