Foreign operators to run three terminals in Bangladesh by December, says shipping secretary

Foreign operators will manage three major container terminals in Bangladesh -- Chattogram’s New Mooring Container Terminal, Laldia Terminal, and Keraniganj’s Pangaon Inland Container Terminal -- by December, the Shipping Ministry Secretary Mohammad Yousuf has said. He added that the Laldia Terminal will be leased for 30 years, while the other two terminals will operate under 25-year contracts. He shared the details on Sunday at a seminar organised by the Economic Reporters Forum (ERF) in Paltan, Dhaka, titled Investment Potentials in the Ocean-going Shipping Industry. “We will not compromise on national interests. Negotiations are ongoing at the highest level, and we hope to finalise a contract by December,” Yousuf said. Earlier, the ministry had indicated that agreements could be reached by...