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Chittagong grapples with China, Singapore, Korea, India proposals
来源： 编辑：编辑部 发布：2018/08/28 10:22:05
The Chittagong Port Authority in Bangladesh has received late proposals from state-owned China Merchants Groupand the government of South Korea to construct and operate the proposed Bay Terminal, plus a proposal fromSingapore PSA to only operate the terminal, as well as receiving partial investment plans from India and the Asian Development Bank.
The problem is that the port authority has already submitted investment proposals from the willing parties to the shipping ministry, authority member Zafar Alam told New Age, Dhaka, Bangladesh.
The US$2.1 billion Bay Terminal will comprise two container terminals and one multipurpose terminal to handle growing international trade and ease congestion at Bangladesh's main sea port.
India has proposed that it will provide $400 million to construct the multipurpose terminal while the Asian Development Bank has shown interest to fund the construction of breakwater - an artificial offshore structure to protect a harbour, anchorage, or marina basin from waves.
Officials attending a recent inter-ministerial meeting at the shipping ministry observed that the government should select the investor considering "geo politics".
The meeting also observed that the terminal should be given to a single investor instead of investors for timely implementation of the project and optimum benefit, the officials said, adding that 190-metre long vessels with a 13-metre draft and capacity of up to 5,000 TEU will be able to berth at the new terminal.
The problem is that the port authority has already submitted investment proposals from the willing parties to the shipping ministry, authority member Zafar Alam told New Age, Dhaka, Bangladesh.
The US$2.1 billion Bay Terminal will comprise two container terminals and one multipurpose terminal to handle growing international trade and ease congestion at Bangladesh's main sea port.
India has proposed that it will provide $400 million to construct the multipurpose terminal while the Asian Development Bank has shown interest to fund the construction of breakwater - an artificial offshore structure to protect a harbour, anchorage, or marina basin from waves.
Officials attending a recent inter-ministerial meeting at the shipping ministry observed that the government should select the investor considering "geo politics".
The meeting also observed that the terminal should be given to a single investor instead of investors for timely implementation of the project and optimum benefit, the officials said, adding that 190-metre long vessels with a 13-metre draft and capacity of up to 5,000 TEU will be able to berth at the new terminal.