Thursday, April 24, 2025
HomeFashionBangladesh signs pacts with 2 Japanese firms for deep sea port upgrade

Bangladesh signs pacts with 2 Japanese firms for deep sea port upgrade



Bangladesh signs pacts with 2 Japanese firms for deep sea port upgrade

Bangladesh’s Chattogram Port Authority (CPA) recently signed an agreement with two Japanese firms, Penta-Ocean Construction Co Ltd and TOA Corporation, to upgrade infrastructure at the Matarbari Deep Sea Port, the country’s only deep sea port.

The project will be jointly financed by CPA and the Japan International Cooperation Agency.

Bangladesh’s Chattogram Port Authority has signed an agreement with two Japanese firms to upgrade infrastructure at the Matarbari Deep Sea Port.
The project will be jointly financed by CPA and the Japan International Cooperation Agency.
By 2029, the port is expected to handle 0.6-1.1 million TEUs annually, with capacity projected to reach 2.2-2.6 million TEUs by 2041.

Brig. Gen. (retd) M Sakhawat Hossain, the country’s adviser on shipping and labour and employment, Affairs, said the upgrade would significantly enhance the nation’s capacity to handle large vessels while reducing congestion at existing ports.

“It will streamline the supply chain and provide direct access to the emerging industrial belt in Cox’s Bazar and Moheshkhali. Ultimately, this will position Bangladesh as a key energy and transshipment hub in the region,” he was quoted as saying by domestic media reports.

Under ‘package 1’ of the project, the development will include a 300-metre-long multipurpose berth for ships up to 200 metres in length, a 460-metre-long container berth for vessels up to 350 metres, and construction and installation of terminals, buildings and pavement.

It will also include sea walls, retaining walls, boundary walls, land development, dredging, land reclamation, utilities, emergency power systems, solar energy components, and other supporting infrastructure.

Once operational, the port will feature approximately 5,100 ground slots for container storage. It will be capable of accommodating container ships with a draft of 14.5 metres and lengths of up to 300 metres, handling around 8,200 TEUs per ship.

By 2029, the port is expected to handle 0.6-1.1 million TEUs annually, with capacity projected to reach 2.2-2.6 million TEUs by 2041.

Fibre2Fashion News Desk (DS)




Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments