Move for 3rd sea port under PPP

http://newstoday.com.bd/index.php?option=details&news_id=48426&date=2011-12-30

Move for 3rd sea port under PPP

The government has taken an initiative to set up a third sea port under the public-private partnership (PPP) in southern region, possibly at Patuakhali coast, reports UNB.

According to official sources, a proposal has already been moved to the Cabinet Economic Affairs Committee for approval. “If the proposal is approved, a detailed feasibility study (DFC) will be made”, said a top official of the Shipping Ministry. Before the proposal was made they have conducted a study to determine the site for the port.

A 7-member committee headed by Chittagong Port Authority Chairman conducted the preliminary study last year and selected the Barnabad Channel at Patuakhali coast. On the basis of the preliminary feasibility report, the Shipping Ministry initiated the move for setting up the port.

Earlier, the Shipping Ministry had moved for setting up a deep sea port. But that move remained stuck up for unknown reason.

In the latest move, the Shipping Ministry mentioned in its proposal that it is necessary to set up a new port considering growing use of Chittagong port and the possible use of Mongla port after construction of the Padma Bridge.

“The country’s import and export has been growing by 20 percent per year most of which is being done through the Chittagong port. The Mongla port will face greater load when the Padma Bridge is completed. In such a situation, a third sea port is essential to meet the future demand,” said the proposal.

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