Construction of Bay Terminal under Chittagong Port Authority (CPA) |
|
Details |
Project Name: |
Construction of Bay Terminal under Chittagong Port Authority (CPA) |
Sector: |
Shipping |
Department/Ministry: |
Ministry of Shipping |
Implementing Agency: |
PSA, ESG, CPA |
Location: |
Ananda Bazaar, North Halishohor |
Background: |
Chittagong Port wants to construct new facility at Ananda Bazar, North Halishohor. It includes construction of breakwater for about 11km, dredging construction of a multi-purpose terminal and two container terminals. It is a project with a possible value above USD 2 Billion.
After the decision of the government, PPPA communicated with ESG to nominate a suitable company for the project as a requirement of G2G PPP Policy of Bangladesh and they have nominated PSA Singapore..
|
Objective: |
- To Provide a major gateway for the country's trade with the outside world
- Primary issue is the limiting factor in accommodating larger vessel sizes and so Chittagong Port Authority intends to construct the "Bay Terminal” to improve the quality of services and develop adequate facilities and decrease the pressure on the existing Chittagong Port.
- Enhance competitiveness of the country’s exports as prices of imported and exported commodities decrease as a result of shorter shipping time and lower shipping costs.
- Exporters would incur lower financial costs for their shipments due to the shorter processing and shipping time for their cargo.
|
Status: |
The project is in development phase. |
|
Note: |
CCEA approved (In Principle) on 24 July 2019 |
|
|
|
Contact: |
Md. Ali Azam Al Azad
Director (PMF)
Phone: +88 02 55007418
E-mail: azad@pppo.gov.bd |
Public Private Partnership Authority
Plot: E, 13-B, 1st Floor, Sherebangla Nagar
Agargaon, Dhaka-1207
Bangladesh
Phone: +88 02 55007421 |
|
(Last updated 20 February 2024; subject to further revision.)
|