Consultancy contract for Bangladesh Port been awarded to Indian firm
PORTS & SHIPPING

Consultancy contract for Bangladesh Port been awarded to Indian firm

An Indian firm has been awarded a contract to provide consultancy for a capacity building project at Mongla port, Bangladesh's second largest seaport, which will improve sub-regional connectivity in South Asia.

Mongla Port Authority and EGIS India Consulting Engineers signed the contract earlier this week.

While India will provide the majority of the funding for the project, the Sheikh Hasina government will provide the remainder. The project is expected to be finished by July 30, 2024.

The project will include the construction of a container terminal, handling and delivery yards, a residential complex and community facilities, a marine workshop, and a service jetty. The Mongla port, once upgraded, will serve the business interests of eastern India, the north-eastern states, and Southeast Asian countries.

The upgrading of Mongla port will improve Bangladesh's maritime connectivity, not only with India but also with Bhutan and Nepal.

Also read:
Maruti Suzuki signs agreement with Kamarajar Port to boost exports
IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports

An Indian firm has been awarded a contract to provide consultancy for a capacity building project at Mongla port, Bangladesh's second largest seaport, which will improve sub-regional connectivity in South Asia. Mongla Port Authority and EGIS India Consulting Engineers signed the contract earlier this week. While India will provide the majority of the funding for the project, the Sheikh Hasina government will provide the remainder. The project is expected to be finished by July 30, 2024. The project will include the construction of a container terminal, handling and delivery yards, a residential complex and community facilities, a marine workshop, and a service jetty. The Mongla port, once upgraded, will serve the business interests of eastern India, the north-eastern states, and Southeast Asian countries. The upgrading of Mongla port will improve Bangladesh's maritime connectivity, not only with India but also with Bhutan and Nepal. Also read: Maruti Suzuki signs agreement with Kamarajar Port to boost exports IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code