Port Bay Terminal is expected to be operational in 2024, State Minister for
Shipping Khalid Mahmud Chowdhury said on Thursday 19 August after inspecting
the project site.
Port Authority (CPA) will construct the multipurpose terminal of the project
while the two others will be built through a public-private partnership.
The government has set a timeline of 2024 for the Bay Terminal project
has set a timeline of 2024 for the Bay Terminal project. Two meetings on the
project have already been held at the Prime Minister’s Office. A multipurpose
terminal will be constructed at Chattogram Port with its own funds. It is yet
to be decided which foreign investment company will work in the remaining two
terminals,” Khalid Mahmud said.
Many foreign investors have shown interest in the project
The state minister
said many foreign investors have shown interest in the project. Communication
with them was somewhat cut off because of Covid-19, but it has recently
resumed. They will be given responsibilities, protecting the interests of the
Khalid Mahmud said
money has already been paid to the Chattogram district administration for land
acquisition in the project area.
inspection, the state minister was accompanied by the Secretary to the shipping
ministry Mohammad Mezbah Uddin Chowdhury, CEO of PPP Authority Sultana Afroz,
and Chairman of CPA Rear Admiral M Shahjahan.
PPP Authority CEO
Sultana Afroz said, “We have the sincerity to start work on the Bay Terminal
project as soon as possible. Negotiations are underway with potential foreign
investors for this project. Companies from many countries including Singapore,
China and Denmark are coming up with investment proposals.”
She added that
meeting with them on the zoom platform is going on. Investors in this project
will be determined by protecting the interests of the country. The coordination
between the ministry concerned and institutions is very good.
A new consultant has been appointed to update the study of the project
CPA Chairman Rear
Admiral M Shahjahan said a new consultant has been appointed to update the
study of the project. Then e-tender will be given. It is expected that one or
two terminals will be ready before 2024.
the project area, CPA Chief Hydrographer Commander M Arifur Rahman briefed the
state minister about the Bay Terminal project.
He said the Bay
Terminal project would not have to rely on tides to accommodate ships. Ships
will be able to dock at the jetty 24 hours a day. Acquisition of 68 acres of
privately owned and 804 acres of government land at Bay Terminal has been
The project covers
an area of 6.1 kilometres. Ships with 12-metre-draft can dock here. The width
of the channel is a minimum of 850 to a maximum of 1,250 metres. The project
will have a capacity of 15,000 trucks.