The much-anticipated Bay Terminal of the Chattogram port is expected to go into operation by 2030, said Rear Admiral SM Moniruzzaman, chairman of Chittagong Port Authority (CPA).
The government yesterday gave the go-ahead to a support project for the construction of key marine infrastructures for the Chattogram port's mega expansion Bay Terminal project.
Once approved, a loan deal with the World Bank will be signed
Chittagong Port Authority (CPA) will sign a memorandum of understanding (MoU) with AD Ports Group today regarding the latter’s proposal to implement a portion of the Bay Terminal project.
An 11-member technical mission of the World Bank reached Chattogram port today to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships.
The government will appoint a German joint venture as the consultant for the construction of a breakwater and channel dredging work at the proposed Bay Terminal, a long-awaited project of Chattogram port.
