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Discussion between Shipping Minister and Singapore High Commissioner on Bay Terminal project

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Discussion between Shipping Minister and Singapore High Commissioner on Bay Terminal project
Singapore's non-resident High Commissioner to Bangladesh Derek Loh paid a courtesy call on Minister of Shipping, Road Transport and Bridges and Railways Sheikh Rabiul Alam. In this meeting held at the Ministry of Shipping on Tuesday (November 3), various issues of bilateral cooperation, including Singapore's investment in the Bay Terminal project of Chattogram Port, were discussed.

At the meeting, the High Commissioner said that PSA International is prepared for investment and operation in the Bay Terminal project. Once it is launched, the cost of transporting Bangladesh's import-export goods will decrease significantly. On the other hand, the Shipping Minister, referring to Bay Terminal as one of the government's priority projects, said that if it is implemented, the capacity of Chattogram Port and Bangladesh's position in international trade will be strengthened. He also emphasized Singapore's experience, technology and investment in the development of the port and maritime sector.

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At that time, Secretary of the Ministry of Shipping Md. Ataur Rahman Khan NDC and the Chairman of Chattogram Port Authority, along with senior officials of the ministry, were present.

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