Port capacity to increase by 100+ additional vessels per month
The agreement signed by CPA Chairman Rear Admiral Moniruzzaman and MGH Group CEO Anis Ahmed in the presence of industry stakeholders at the CPA boardroom in Chattogram. Photo: Courtesy
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The agreement signed by CPA Chairman Rear Admiral Moniruzzaman and MGH Group CEO Anis Ahmed in the presence of industry stakeholders at the CPA boardroom in Chattogram. Photo: Courtesy
MGH Group signed a contract today (20 April) nwith the Chittagong Port Authority (CPA) to construct a private container terminal in Patenga, marking a first for Bangladesh’s maritime sector.
The agreement was formalised at the CPA boardroom in Chattogram, with CPA Chairman Rear Admiral Moniruzzaman and MGH Group CEO Anis Ahmed present, alongside industry stakeholders, according to a press release.
The planned facility, named the MGH Terminal, will be built on seven acres of land and include a 250-metre jetty. Once operational, it is expected to handle 3,500 TEUs at static capacity and process up to 40,000 TEUs monthly.
Officials say the terminal will increase CPA’s monthly vessel handling capacity by more than 100 additional ships.
Located near the river mouth, the terminal is expected to reduce vessel turnaround time. Ships will be able to berth within 30 minutes, compared to roughly two hours at the main port.
This reduction could translate into fuel savings of 0.6 to 1.3 tonnes per vessel, lowering operational costs for shipping lines.
Speaking at the contract signing event, Anis Ahmed said the group will invest Tk550 crore from its own resources.
He added that the terminal is designed to be more efficient and cost-effective than other ongoing port projects, including those at Laldia, while emphasising faster implementation and technological integration.
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