The government has decided to revise its contract with Jan De Nul, which was appointed for capital dredging of Payra Port’s Rabnabad channel, as the Belgian company has completed the work ahead of schedule.
LNG import: Even if the government can import LNG from the spot market at a relatively lower price than what it is during times of peak demand, there is no guarantee that the price would not increase in the future. Therefore, it is not sustainable to rely on LNG imports for ensuring energy security.
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Bangladesh needs to strengthen its frail logistic sector through immense public-private investments to increase trade facilitation, business competitiveness and export earnings, said eminent economists and trade leaders. Goods transportation by truck in Bangladesh costs four times higher than in India.