Chittagong Port Authority (CPA) has got the administrative approval for constructing a new container terminal in Patenga area of the premier port city.
The CPA will construct the proposed Patenga Container Terminal with its own fund with an outlay of Tk1,868 crore.
The construction of the 600-metre long terminal, which is expected to ease vessel congestion at the outer anchorage of Chittagong port, will be complete by 2019.
Although Chittagong port has been experiencing 16% to 17% growth in cargo and container handling for the past few years, no jetty has been constructed in the last nine years.
As a result, the vessel congestion persists at the port in absence of adequate jetty facilities.
Against this backdrop, the CPA has decided to implement the construction of the terminal through direct procurement method instead of the open tender method for timely completion.
Zafar Alam, member (admin and planning) of the CPA said the Shipping Ministry gave its formal approval to the project on June 13.
In order to cope with the ever-increasing growth in container and cargo handling, the other three big projects of the CPA – Karnaphuli container terminal, Laldia multipurpose terminal and bay terminal – are also on the cards.
Chittagong port handled 7,72,55,731 metric tonnes of cargoes and 23,46,909 TEUs of containers in 2016. The number of vessels taking berth at the port stood at 2,709 in 2015 and 3,014 in 2016.
Around 90% of the country’s export and import is done through Chittagong port which is located by the estuary of the Karnaphuli River.