Dhaka, April 22 -- The Matarbari Deep Sea Port will open up a new horizon for international trade and serve as a strategic investment for Bangladesh's future, said Adviser to the Ministries of Shipping and Labour and Employment Brig Gen (retd) M Sakhawat Hossain on Tuesday.

"This is not merely an infrastructure project-it is a cornerstone for the country's long-term economic ambitions," he said while addressing a contract signing ceremony in the capital for the development of the Matarbari Port under the Chattogram Port Authority (CPA), funded by JICA and CPA.

Once operational, the Matarbari Port will significantly boost the country's cargo handling capacity by accommodating large vessels of up to 100,000 DWT, ease congestion at existin...