Wednesday 03 07 2024 08:53:11 AM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

info@example.com

example.mail@hum.com

India wins rights to operate a port terminal in Bangladesh
Following successful agreements for Chabahar Port in Iran andSittwein Myanmar, India is set to operate aterminal atMongla port in Bangladesh.
Dr.G.R.Balakrishnan May 22 2024 Container Terminal News

India wins rights to operate a port terminal in Bangladesh

This will be the third overseas port operation by India as New Delhi rapidly sheds reticence in foraying abroad to expand its commercial interests in the ports and shipping sector. 

The terminal at Mongla will be managed by India Ports Global Ltd (IPGL). A senior official from the Ministry of Ports, Shipping and Waterways said that IPGL will henceforth be the preferred entity for India’s international port operations.

Mongla is Bangladesh’s second-largest port. It lies close to the shore of the Bay of Bengal and the Pashur River.

Bangladeshi ports have been groaning under soaring traffic volumes in recent years, in line with the country’s emergence as a significant exporter, particularly for garments. Significant expansion has been earmarked for all of the country’s major ports.