Chattogram Port has successfully implemented four projects through a public-private partnership (PPP) model
3 weeks ago
Chattogram Port has successfully implemented four projects through a public-private partnership (PPP) model
A feasibility study is currently underway to explore the operation of Chattogram Port's Laldia Container Terminal under a public-private partnership (PPP) model. This initiative is part of a broader effort by the Chattogram Port Authority (CPA), which is overseeing four key projects through PPP arrangements.
The projects include the Laldia Container Terminal, the Bay Terminal (comprising Terminals 1 and 2), the New Mooring Container Terminal (NCT) along with the Overflow Container Yard (OCY), and the equipment, operation, and maintenance of the Patenga Container Terminal.
At present, the feasibility study for the operation and maintenance of the New Mooring Container Terminal and Overflow Container Yard is being conducted in collaboration with the UAE government, following government-to-government (G2G) guidelines. This partnership involves DP World, a state-owned entity based in Dubai.
The Patenga Container Terminal project, which operates under similar G2G principles with the Kingdom of Saudi Arabia (KSA), is currently in the operational phase, with equipment, operation, and maintenance managed by the private firm RSGT Bangladesh Ltd.
In a recent decision-making meeting, the government opted to appoint foreign operators for the Patenga Container Terminal, New Mooring Container Terminal, and both terminals at the Bay Terminal, emphasizing the use of the PPP framework for selecting these operators.
The previous administration had also expressed support for DP World, a global terminal operator, as negotiations were ongoing regarding the operation of the NCT. Furthermore, an agreement was reached between the government and the Port of Singapore Authority (PSA) for the management of the Bay Terminal.
Additionally, APM Terminals of Denmark has proposed a public-private partnership aimed at developing the Laldia Container Terminal. The objective of APM Terminals, part of the Maersk Group, is to create an automated and environmentally sustainable terminal that significantly enhances the capacity of Bangladesh’s premier seaport for handling containers.
Source: Maritime Gateway