Mongla Port Authority sources said a decision to this effect was made in December last year when a technical team from China had visited the port, reports BSS. On October 14, 2017, Bangladesh and China signed a memorandum of understanding (MoU) to develop Mongla Port at a cost of approximately Tk3000 crore. The sources said the government of India earlier provided an assistance of Tk6,256 crore to develop Mongla Port into a first class seaport. Mongla Port is already a profitable and busy port with enhanced foreign ship anchoring, cargo handling, and high exports and imports in the last nine years. Speaking to BSS, Mongla Port Authority Chairman Commodore AKM Faruk Hasan said capacity of the port will be enhanced further upon completion of the projects.

Source: Dhaka Tribune January 05, 2019 17:26 UTC