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Dhaka Tribune

Khanpur ICD construction likely to begin in September

Update : 31 Jul 2013, 02:08 AM

The construction of Khanpur Inland Container Depot in Narayanganj is expected to begin in September under Bangladesh-India Water Transit and Trade Protocol, said Shipping Minister Shahjahan Khan.

After launching operation of the nearby Pangaon inland container terminal in September, the construction of Khanpur ICD will take off in the same month, he said while talking to the Dhaka Tribune yesterday.

"We are going to place the proposal of constructing the project at the meeting of cabinet committee on economic affairs next week for approval," said the minister.

The project to be implemented under public-private partnership is expected to facilitate trade with India.

The Khanpur ICD proposed to be built a few yards off Narayanganj port along with a jetty on the river Shitalakhya in a year, the big vessels could easily disembark containerised cargoes of India at the key river landing station.

It will reduce cost of shipping and might also have a positive impact on environment.

A report by the World Bank said the depot will help Bangladesh save diesel by 58.8 million litres annually and reduce carbon emission by 155,000 metric tons.

 If Bangladesh approves transit facilities, Nepal and Bhutan can also use the Khanpur ICD, said Shahjahan Khan, which will be built at an area of 12.8 acres.

He said if constructed, the depot at an estimated cost Tk2.55bn will ease containers jam in the Chittagong Port and make trading with the neigbouring country faster.

The feasibility study of the project was conducted as per the shipping ministry proposal. The Infrastructure Investment Facilitation Center carried out the study.

The Project Screening Committee of the Public Private Partnership the proposal which is said to create a good number of jobs and increase government's revenue was examined.

Earlier, the government said the government will fully open up Narayanganj river port to vessels carrying containerised Indian cargoes from across the border to facilitate trade with New Delhi under the transit agreement.

Currently, there is bar on anchorage of vessels carrying products from India like sugar and milk powder at the Narayanganj port due to lack of adequate infrastructures.

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