Tk6000cr project to enhance Mongla port capacity | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
June 09, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JUNE 09, 2025
Tk6000cr project to enhance Mongla port capacity

Economy

Jahidul Islam
18 February, 2020, 05:00 pm
Last modified: 18 February, 2020, 05:05 pm

Related News

  • 3 detained over reported robbery at commercial ship anchored at Mongla Port
  • Maritime ports advised to hoist local cautionary signal No 3
  • World Bank to provide $280m loan to improve Ctg water supply, sanitation
  • Mongla port corridor can boost Bangladesh-Nepal trade, says envoy
  • Container ship service set to begin between Mongla and Chattogram ports

Tk6000cr project to enhance Mongla port capacity

Ecnec may approve the project today

Jahidul Islam
18 February, 2020, 05:00 pm
Last modified: 18 February, 2020, 05:05 pm
Mongla port is improving gradually due to the government's numerous measures and steps taken by the port authority. The number of both local and foreign commercial vessels to the port is on the rise. Photo: TBS
Mongla port is improving gradually due to the government's numerous measures and steps taken by the port authority. The number of both local and foreign commercial vessels to the port is on the rise. Photo: TBS

In order to enable Mongla port to cope with growing cargo pressure and contribute to the regional trade network, the shipping ministry wants to double its cargo handling capacity and increase its container-handling ability four-fold.

To meet the target, the ministry has proposed a project of building two container terminals, a container handling yard, a container delivery yard, a vessel jetty and some other infrastructure in the port.

The project will cost an estimated Tk6014.62 crore in total. The Indian Exim Bank will provide Tk4459.41 ($530 million), with the remaining money coming from government funds.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The Planning Commission has already reviewed the proposal and will place it at the meeting of the Executive Committee of the National Economic Council (Ecnec) today for final approval.

The Mongla Port Authority will implement the project by June 2024, beginning from January this year.

Md Jahirul Haque, chief (planning) of the Mongla Port Authority, said the port at present can handle about 1.5 crore tonnes of cargo and about one lakh TEUs (twenty-foot equivalent units of containers).

The implementation of the project would increase the port's handling capacity by additional 1.5 crore tonnes of cargo and four lakh TEUs.

Currently, the port can have 35 ships moored at its six jetties. A lack of enough container jetties hampers the transport of goods.

According to the Mongla Port Authority, the port's handling of sea-going ships and goods has increased by over 65 percent and almost 95 percent, in that order, in the last four fiscal years, from 2015-16 to 2018-19.

The shipping ministry said the geo-strategic location of the Mongla port is important against a background of international trade.

The port could play a significant role in boosting trade among regional nations. It will also help the border areas of India, Nepal and Bhutan, and the western region of Bangladesh in transporting goods among themselves, they added.

Once completed, the project will be a major contributor to connectivity in the BBIN region covering Bangladesh, Bhutan, India and Nepal, the shipping ministry hoped.

It would also boost business in the Eastern South Asian region through Mongla, the second-largest seaport of the country.

Meanwhile, the ministry revised the amount of Indian credit for the project to $530 million from the previous $627.49 million, according to Mongla Port Authority Chief Jahirul Haque.

The Planning Commission, at the Project Evaluation Committee meeting to review the proposal, wanted to know from the ministry why the amount of the Indian loan had been reduced.

In reply, the ministry said India provides loan with a condition of purchasing equipment from it. But any of their firms is not able to provide all equipment for the project, leading the ministry to reduce dependence on Indian loan, added Jahirul.

Shamima Nargis, a member of the physical infrastructure division of the Planning Commission, said implementation of the project will open up a new vista of regional and international trade.

According to the project proposal, the Mongla port will come under added pressure once development projects, including the construction of Padma Bridge, Rampal coal power station, Mongla special economic zone and Rooppur nuclear power plant, and the development of Dhaka-Mawa-Mongla road and Khan Jahan Ali Airport, are completed.

That is the reason why the shipping ministry recommends the project in order to enhance the port's capacity, reads the proposal.

Bangladesh / Top News

Mongla port / cargo / enhance / project

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image: WHO
    Govt advises against non-essential travel to India amid rising Covid-19 risks
  • Dhaka North City Corporation Administrator Mohammad Azaz holds a press conference at the DNCC Nagar Bhaban in Gulshan-2 on 9 June 2025. Photo: TBS
    Over 4.66 lakh animals sacrificed in Dhaka North during Eid: Administrator Azaz
  • Photos: Collected
    Abdul Hamid wasn't arrested because he's not wanted right now: Home adviser

MOST VIEWED

  • File Photo: British MP Tulip Siddiq attends a news conference with Richard Ratcliffe, the husband of jailed British-Iranian aid worker Nazanin Zaghari-Ratcliffe, in London, Britain October 11, 2019. Photo: REUTERS/Peter Nicholls/File Photo
    Tulip requests CA Yunus for a meeting over corruption allegations: Guardian
  • Representational image of Dhaka metro rail. Photo: Mumit M/TBS
    Metro rail takes Eid break today
  • Photo: Reuters
    Trump says Musk relationship over, warns of 'serious consequences' if he funds Democrats
  • Representational image. Photo: Reuters
    Bangladesh reports 3 more Covid-19 cases
  • Muhammad Yunus (L) and Narendra Modi. Photo: Collected
    Modi sends Eid-ul-Adha greetings, Yunus calls for continued bilateral cooperation
  • Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal
    From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

Related News

  • 3 detained over reported robbery at commercial ship anchored at Mongla Port
  • Maritime ports advised to hoist local cautionary signal No 3
  • World Bank to provide $280m loan to improve Ctg water supply, sanitation
  • Mongla port corridor can boost Bangladesh-Nepal trade, says envoy
  • Container ship service set to begin between Mongla and Chattogram ports

Features

File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

8h | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

2d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

5d | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

5d | Panorama

More Videos from TBS

Israeli forces seize Gaza aid boat carrying Greta Thunberg

Israeli forces seize Gaza aid boat carrying Greta Thunberg

1h | TBS World
Which way will the anti-immigration campaign in Los Angeles turn?

Which way will the anti-immigration campaign in Los Angeles turn?

2h | TBS World
CA leaves for London this evening on four-day official tour

CA leaves for London this evening on four-day official tour

3h | TBS Today
Former BGMEA Senior Vice President Abdullah Hill Rakib passes away

Former BGMEA Senior Vice President Abdullah Hill Rakib passes away

4h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net