Port of Chittagong, the largest in the south Asian state Bangladesh, is set to be enlarged. Chittagong is situated in the south of Bangladesh, handling more than 90 percent of the country’s seaward traffic. Over the past ten years, Bangladesh has seen its economy grow by around six percent every year.
The expansion plans are set according to a new port master plan which was prepared by HPC Hamburg Port Consulting – a Hamburger Hafen und Logistik AG (HHLA) subsidiary – together with Hamburg based Sellhorn Engineering and the local partner KS Consultants from Dhaka, Bangladesh. The port master plan is based on the assumption that the construction of a new port facility is essential for the country’s economy to continue growing at such a pace. In consequence, the port master plan – which was funded by the Asian Development Bank – has budgeted USD 1.9 billion in development costs to carry out the entire port project.
The three companies have now been selected by the Chittagong Port Authority (CPA) to carry out a feasibility study for the “Bay Terminal”, which was started in September 2016. The plan is to construct a port facility that focuses on containers on the Patenga coast, close to the existing port, which is located 16 kilometres inland. The master plan provides for another container terminal and a multi-purpose terminal.
Mahbubul Alam, President of the Chittagong Chamber of Commerce and Industry (CCCI), said: “Building this terminal will significantly reduce transport costs incurred during import and export.”
HPC Managing Director Felix Kasiske: “We are very proud to be involved in this significant undertaking which adds to numerous port projects in the Asia region in which our HPC specialists have already contributed their sought-after expertise.”
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Press release Tuesday 18 August 2016