Monday, June 17, 2024

Section

বাংলা
Dhaka Tribune

FBCCI would like CTG port’s capacity increased

After completion of some development projects like Bangabandhu Industrial City and other economic zones of the country within years, the pressure on Chittagong Port will increase several times. Against this backdrop, the capacity of the port needs to be increased to cope with increasing demands

Update : 06 Jan 2022, 08:49 PM

As the economy recovers from the Covid, leading business leaders of the country have emphasized on increasing the capacity of Chittagong Port to cope with increasing export and import in the coming days.

President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Jasim Uddin made the remarks at the first meeting of the FBCCI Standing Committee on Ports and Shipping on Thursday afternoon, according to a press release.

He said that Bangladesh will become a member of developed economies by 2041 as set by Prime Minister Sheikh Hasina, the capacity and service of the Chittagong Port need to be improved like the developed countries.

He urged the standing committee to find short, medium and long-term solutions by identifying the problems regarding the Chittagong Port.

After completion of some development projects like Bangabandhu Industrial City and other economic zones of the country within years, the pressure on Chittagong Port will increase several times. Against this backdrop, the capacity of the port needs to be increased to cope with increasing demands, said FBCCI boss.

"If the capacity of Chittagong port is increased, it will be possible to reduce the cost of doing business in the country by at least 5%. At the same time, the interest of foreign entrepreneurs to invest in this country will also increase," he said.

"At present, the speed of cargo vehicles on the Dhaka-Chittagong highway is 40 kilometres per hour. If this speed is doubled, the competitiveness of the export sector will increase by 6%," FBCCI boss further said.

FBCCI vice-president Amin Helaly said that some more ports would be opened in the future. “If we can work according to the plan, the progress of the country can be further accelerated by utilizing the potential of these ports,” he said.

FBCCI vice-president Habib Ullah Dawn alleged that importing vehicles through Chittagong port would cost double the fare as compared to Mongla port.

He remarked that different fares in different ports in the same country is unreasonable.

Standing Committee Director-in-Charge AM Mahbub Chowdhury said the profit of Chittagong port has increased several times in the last few years.

Despite being a non-profit service organization, it was taking steps to increase the tariff again to increase the amount of profit, he added.

The Chairman of the committee Dr Pervez Shazzad Aktar called for not increasing the tariff in order to create a business-friendly environment.

He said most tariffs have to be paid in dollars. If tariff increases, the cost of foreign exchange will also increase.

Moreover, foreign ship owners can also increase the fare in this opportunity. In that case, there will be fear of an increase in the price of imported goods.

In the open discussion, the members of the standing committee hoped for the cooperation of the port and customs officials to speed up the import-export activities.

Top Brokers

About

Popular Links

x