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Hansel

Linking Bangladesh With Asian Highway To Boost Economy - 0 views

  • Sheikh Hasina said the strategically important locations of Bangladesh's two important seaports-Chittaong and Mongla- is crucial for development of the countries in this region. "We can construct a deep-sea port side by side with modernising the existing two to create opportunities for the neighbouring countries like Nepal, Bhutan, India and China, she said adding these seaports would play a significant role in the country's economy".
  • Sheikh Hasina put emphasis on information technology (IT) and said her government had given priority to this sector while in power in the past and encouraged setting up of radio, television channels in the private sector apart from breaking monopoly in mobile phone business which created the scopes for massive employment.
  • Describing huge prospects of developing waterways in the country, she said initiatives would be taken to modernise the railway and waterways side by side with the road linkages.
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    Addressing the officials of the communications ministry in its conference room here, the Prime Minister said, "We cannot keep our doors shut at a time when the entire world is opening up and if we do so we will be isolated."
Hansel

Bangladesh to build deep seaport - minister | South Asia | Reuters - 0 views

  • Cargo handling at Chittagong port rose 2.3 percent to record 27.6 million tonnes while container handling increased 9.3 percent to 958,020 TEUs (twenty-foot equivalent units) in 2007, from the previous year.
  • Amin was speaking as the Pacific Consultant International (PCI) of Japan placed a study report on feasibility of a deep seaport proposed by the Chittagong Port Authority (CPA). PCI suggested that Bangladesh should build the proposed $1.2 billion deep seaport near the country's main Chittagong port by 2055 in three phases, with the first phase completed by 2016.
  • PCI was awarded a $1.62 million contract to conduct the study in 2006, after the Chittagong Port Authority (CPA) had took up a plan for the deep seaport off Kutubdia coast, 65 km (40 miles) south of the port.
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  • Port officials said when built annual container handling capacity will rise to 3.0 million TEUs (twenty-foot equivalent unit) and bulk cargo handling will rise to 100 million tons. CPA will fund 30 percent of the construction cost for the deep seaport while the rest will be collected from government and local and international financiers, ministry officials said. "The first phase of the deep seaport when completed by 2016 will have two harbours of nine 300-metre (long) jetties along with required infrastructure and back-up facilities," said Eddy Declercq, a senior official PCI. The second phase, expected to be completed by 2035, would see two more harbours with the same specifications. The deep-sea port would have six harbours when the third phase would be completed by 2055, the PCI expert said. The study proposed a 40 km railway tracks and roads to connect the deep seaport with Chittagong and Cox's Bazar resort town.
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    Bangladesh said on Sunday it would build a deep seaport to handle the country's growing external trade and increase regional transit facilities.
Hansel

Bangladesh to build deep seaport - minister | South Asia | Reuters - 0 views

  • Cargo handling at Chittagong port rose 2.3 percent to record 27.6 million tonnes while container handling increased 9.3 percent to 958,020 TEUs (twenty-foot equivalent units) in 2007, from the previous year.
  • Shipping ministry officials say India and Myanmar repeatedly seek transit facilities from Bangladesh through Chittagong port.
  • Pacific Consultant International (PCI) of Japan placed a study report on feasibility of a deep seaport proposed by the Chittagong Port Authority (CPA). PCI suggested that Bangladesh should build the proposed $1.2 billion deep seaport near the country's main Chittagong port by 2055 in three phases, with the first phase completed by 2016.
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  • PCI was awarded a $1.62 million contract to conduct the study in 2006, after the Chittagong Port Authority (CPA) had took up a plan for the deep seaport off Kutubdia coast, 65 km (40 miles) south of the port. 
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    Bangladesh said on Sunday it would build a deep seaport to handle the country's growing external trade and increase regional transit facilities.
Hansel

Bangladesh keen to boost bilateral trade with India- Foreign Trade-Economy-News-The Eco... - 0 views

  • The Indian delegation, headed by ICC president Sanjay Budhia, while meeting Bangladesh Prime Minister Sheikh Hasina in Dhaka on Monday, expressed willingness to set up an SEZ there. For this, it has sought a suitable 150 acre plot in that country, wherein it may attract Indian investments worth $5 billion, suggested the chamber.
  • Direct investment from India could help Bangladesh reduce its trade deficit with India. Massive investments from Indian corporates, including prominent ICC members will create surplus capacity which would not only improve availability of manufactured goods and diversify its basket of goods for re-export to India, said ICC.
  • During its discussion with the Bangladesh authorities, the Indian delegation has pointed out that sectors like energy, power (both hydel and thermal), steel, communication, healthcare, fertiliser, oil & gas, limestone and forest-based industries like paper, export of plantation crops, spices, fruits, vegetables, flower, herbs and processed foods are some of the areas which can drive a stronger bilateral economic relations between the two countries.
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  • Dwelling on hurdles to Indo-Bangla trade, Bangladesh Prime Minister Sheikh Hasina said issues like product codification and quality checking, raised by India, are acting as non-tariff barriers. To remove such bottlenecks, she has asked ICC to take up initiatives in resolving the problem of delays in getting certificates from India on Bangladesh’s exports and lack of testing facilities in the North-East. In this context, she told ICC that her government is working on product specification and upgradation of quality in consultation with Bureau of India Standard (BIS).
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    Bangladesh is keen to resolve all issues relating to its connectivity improvement with the North-East and eastern India.
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