Tk6000cr project to enhance Mongla port capacity | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • 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 16, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • 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 16, 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

  • Heavy-lift vessel docks for first time at Mongla Port
  • Health alert issued at Mongla Port to prevent Covid spread
  • Tk65 crore wasted on unplanned projects in Ctg City; all four now abandoned
  • 3 detained over reported robbery at commercial ship anchored at Mongla Port
  • Maritime ports advised to hoist local cautionary signal No 3

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

  • BNP gears up for polls — preps ongoing from grassroots to top brass 
    BNP gears up for polls — preps ongoing from grassroots to top brass 
  • Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
    Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
  • Representational image of school children. File photo: Collected
    Govt issues urgent guidelines to educational institutes to curb Covid, dengue spread

MOST VIEWED

  • Vehicles were seen stuck on the Dhaka-Tangail-Jamuna Bridge highway due to a traffic jam stretching 15 kilometres on 14 June 2025. Photo: TBS
    15km traffic jam on Dhaka-Tangail-Jamuna Bridge highway as post-Eid rush continues
  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Fighter jet. Photo: AFP
    3 F-35 fighter jets downed, two Israeli pilots in custody, claims Iranian media
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Merger of 5 Islamic banks at final stage: BB governor
  • Infograph: TBS
    Why 10 economic zones, including BGMEA's garment park, were cancelled

Related News

  • Heavy-lift vessel docks for first time at Mongla Port
  • Health alert issued at Mongla Port to prevent Covid spread
  • Tk65 crore wasted on unplanned projects in Ctg City; all four now abandoned
  • 3 detained over reported robbery at commercial ship anchored at Mongla Port
  • Maritime ports advised to hoist local cautionary signal No 3

Features

Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

11h | Panorama
Photos: Collected

Kurtis that make a great office wear

2d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

4d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

5d | Features

More Videos from TBS

Macron to visit Greenland after Trump's annexation threat

Macron to visit Greenland after Trump's annexation threat

7h | TBS World
Important facilities including Natanz damaged in Israeli attack

Important facilities including Natanz damaged in Israeli attack

7h | Others
Iran's gas production from South Pars halted after Israeli attack

Iran's gas production from South Pars halted after Israeli attack

8h | TBS World
Why the Strait of Hormuz is a key point of discussion in the Iran-Israel conflict

Why the Strait of Hormuz is a key point of discussion in the Iran-Israel conflict

8h | 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