Chittagong Port Authority seeks private investor for 22-acre Pangaon terminal

Chittagong Port Authority is seeking a private investor to finance and build a new inland container terminal at Pangaon that will provide 22 acres beside its existing facility near Dhaka. The planned terminal will be a second inland container terminal intended to add capacity for containers moved by barge on the river system.

The existing terminal at Pangaon currently handles barge-borne container cargo for the Dhaka region. No information on the project's schedule, investment size or expected completion date was included in the announcement. CPA is looking for a private partner to fund, develop and operate the new terminal.

What we know

• Chittagong Port Authority is seeking a private investor.

• The project is a second inland container terminal at Pangaon.

• The site offers 22 acres beside the existing facility near Dhaka.