Financial Daily from THE HINDU group of publications
Monday, Mar 20, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Logistics - Shipping


Funds for Chittagong box terminals

Japan Bank for International Cooperation (JBIC) has before it for consideration proposals for funding two more container terminals in Chittagong (Bangladesh) to cope with the growing container traffic of the port. According to one estimate, the port's container throughput has, on average, been growing at 14 per cent per annum.

It might be noted that the port is currently building two container terminals — New Mooring Container Terminal (NMCT) and Port Park Container Terminal (PPCT).

While the work on NMCT, estimated to cost taka 4.3 billion, is nearing completion, the ground-breaking work on PPCT, estimated to cost taka 470 million, is expected soon. JBIC is studying multi-sectoral infrastructure development in Chittagong, covering not only probable port projects but also other infrastructure such as roads, water supply, power generation and telecommunication links for the port city. The work on the study started in September last year and is expected to be over soon.

Our Bureau

More Stories on : Shipping | RBI & Other Central Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
How Kutch Rail reduced project cost


Government's buy-f.o.b policy sails into sunset
Funds for Chittagong box terminals
On barge to Bangladesh
Kochi port union calls off strike
Logistics alliance
Moving solutions in Sri Lanka
Hamstrung by rail infrastructure
Regular Concor service to Kochi, Tuticorin urged
`Bangalore Metro will be cleared soon'



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line