Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
The High Court is likely to deliver a fresh verdict today on the writ petition that was filed to stop the lease of New-mooring Container Terminal (NCT), the most important terminal of the Chittagong seaport, to foreign operators.
Following the verdict, it will be final whether this largest terminal of Chittagong port will go to foreign operator DP World or be operated by a domestic operator.
According to the sources, Chittagong Port Authority (CPA) will implement, upgrade and operate four terminal projects under Public Private Partnership (PPP).
The four projects of CPA which are to be implemented, upgraded and operated under PPP are: Laldia Container Terminal, Bay Terminal (Terminal 1 &2), New Mooring Container Terminal (NCT) including Overflow Container Yard (OCY) and Equip, Operate and Maintenance of Patenga Container Terminal (PCT).
In the decision making meeting held earlier, the government had decided to appoint foreign operators for PCT, NCT and two terminals of Bay Terminal. The government had further decided to appoint foreign operators for CPA terminals under the PPP system. However, Bangladesh Government agreed with the Dubai-based global terminal operator DP World.
nazimuddinshyamol@gmail.com