The Chattogram Port Authority (CPA) has already spent around Tk200 crore on the Matarbari port development project. Once the new authority is formed, the CPA will no longer have to finance the project
A breakthrough finally came about yesterday over a stalemate centring issuance of waiver certificates which allow foreign flagged container vessels to carry cargo to and from the country's seaports.
Empty containers shipment: The forced shipment of empty containers from the yard of the Chattogram port is finally coming to an end, a positive development for foreign shipping liners as it would allow them to avoid the financial losses they have been incurring for the last six years.
Cabinet Committee on Government Purchase yesterday approved a proposal for purchasing six container scanner systems from Nuctech Company Ltd worth Tk 327.1 crore.