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Bangladesh approves Tk 4,283-cr project to upgrade Mongla Port

14 Sep '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Bangladesh's National Economic Council has approved a Tk 4,282.76-crore project to expand and modernise facilities at Mongla Port in Bagerhat.
  • The Mongla Port Authority will implement the project by June 2027 with a Tk 3,782.36 crore loan from China.
  • The project aims at enhancing container handling capacity and ensuring hazardous cargo handling facilities.
The executive committee of Bangladesh’s National Economic Council (NEC) yesterday approved a Tk 4,282.76-crore project to expand and modernise facilities at Mongla Port in Bagerhat.

The Mongla Port Authority under the shipping ministry will implement the project by June 2027 with a Tk 3,782.36 crore loan from China on a government-to-government basis.

The project aims at ensuring modern port facilities at Mongla, enhancing its container handling capacity, constructing a container terminal and ensuring hazardous cargo handling facilities.

The approval followed a meeting of the committee held with its chairperson Prime Minister Sheikh Hasina. The project was part of 19 projects that were approved.

Of the 19, 13 are new projects, while seven are revised ones.

The other projects approved in the meeting include those related to widening district highways in Khulna Zone, emergency reconstruction of roads, bridges and culverts hit during last year’s floods in Sunamganj and Habiganj road division, and land acquisition for constructing a sewerage treatment plant at Reyerbazar area, according to a news agency.

Fibre2Fashion News Desk (DS)

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