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Govt to review Bay Terminal project

Shipping ministry calls high-powered meeting on Sunday
DWAIPAYAN BARUA, Ctg
The interim government will review the Bay Terminal project, the biggest expansion project in the Chattogram port’s history.
The megaproject, approved by the recently deposed Awami League government, has seen little progress since former prime minister Sheikh Hasina unveiled the masterplan on November 14 last year.
Other than some preliminary digging to prepare the land, there has been no physical progress so far.
Now, the new government wants to thoroughly evaluate the necessity of such a large project, for which global port operators have already expressed their willingness to invest over $8 billion, according to sources.
The shipping ministry has called a high-powered meeting on November 10 in this regard, inviting senior officials of different government agencies and representatives of development partners for detailed discussions.
It also asked Chittagong Port Authority (CPA) to present a detailed presentation on the project and its progress so far.
Brig Gen (retd) Dr M Sakhawat Hussain, adviser to the shipping ministry, will chair the meeting.
Senior officials of the shipping ministry, Public Private Partnership Authority (PPPA) and officials as well as the chairman of the CPA will be present.
Representatives of interested investors, including the World Bank, will also attend the meeting.
Contacted, CPA Secretary Md Omar Faruk confirmed that the ministry called the meeting to discuss the project.
During a visit to the port last month, the shipping adviser inspected different project sites, including the site for the Bay Terminal. He was also briefed about the projects by port officials during a meeting.
Speaking to journalists during the visit, the adviser said he saw no problem with the project but added that he would need to discuss it further.
He also said he would ask the CPA officials to present a detailed presentation on the project at the ministry later.
A senior CPA official said the move was part of the interim government’s ongoing evaluation of different megaprojects that were approved by the previous regime.
So, the ministry wants to evaluate the project in detail before taking the next step, the official added.
The previous government approved establishing the Bay Terminal, comprising four terminals, on around 2,500 acres of land at Patenga on the coast of the Bay of Bengal.