Govt to develop container terminal at Payra Port

The government will develop the container terminal -1 at the Payra Port under the Public Private Partnership. The decision was made at a meeting of the Cabinet Committee on Economic Affairs (CCEA) on March 20 with Finance Minister Abul Hasan Mahmud Ali in the chair. According to official sources, the CCEA has

PM Hasina offers Nepal use of Payra port

Prime Minister Sheikh Hasina has offered to Nepal the use of its newly constructed Payra port during a meeting with her Nepalese counterpart Pushpa Kamal Dahal. The two visiting ministers met at newly opened Bangladesh-Bangabandhu Sheikh Mujib Room in the FAO Headquarters on the sideline of the UN Food Systems Summit.

None can chew up forex reserve, it’s for people: PM

Prime Minister Sheikh Hasina on Thursday said no one can chew up forex reserve. "Many may wonder where the forex reserve money went. Money from forex reserve went to Payra Port, procuring food for the people, fertiliser, meeting the daily needs of people... No one can chew up that money. That

Govt to build world class shipyard near Payra port

The government plans to build a world class shipyard near Payra seaport in Patuakhali costing around Tk 14,000 crore. Singapore and Australia-based company Gentium Solutions and Netherlands-based Damen Shipyards Group are willing to finance the Tk14,000 crore foreign direct investment (FDI) project, reads a press release from the Industries Ministry. It will