Chittagong port will be a smart port in 2024

Chairman Rear Admiral Mohammad Sohail

Ayub Ali, Chittagong: Chittagong Port Authority Chairman Rear Admiral Mohammad Sohail said that Chittagong Port will make its debut as a smart port in 2024. The Bay Terminal is no longer a dream, but a reality. Prime Minister unveiled the Bay Terminal Master Plan. Abu Dhabi Port Group has submitted a one billion dollar investment proposal for the construction of multipurpose terminal at Bay Terminal in joint venture with Chittagong Port. More foreign companies, including the World Bank, are interested in investing in the Bay Terminal. Chittagong will stand tall for thousands of years if Bay Terminal is implemented. Chittagong Port Chairman said these things at a crowded press conference organized on the occasion of Chittagong Port Authority’s 2023 success and 2024 action plan on Wednesday afternoon.
The Port Chairman said that an agreement will be signed next year with PSA Singapore and DP World for the construction and operation of Container Terminals 1 and 2 of the Bay Terminal. In order to ensure the country’s energy security, a plan has been taken to construct a gas and oil terminal as the fourth terminal of Bay Terminal. A private company has proposed an investment of $3.4 billion for this terminal. Denmark’s APM Terminals has proposed to build the Laldia Container Terminal, which is being processed as a PPP project. He said that despite the global recession, Chittagong port is in the three million club. 3 million 4 thousand 505 TEUs of containers have been handled till last December 25. It will be capable of handling 3.1 million TEUs of containers by the end of the year. Which is same as last year. Hopefully, cargo handling will exceed 12 crore tonnes this year. In the event, Port Secretary along with members of the port. Omar Farooq, Project Director of Matarbari Sea Port, Port Deputy Conservator Captain Faridul Alam and others were present.