Dhaka, April 20 -- The interim government has approved an infrastructure development project worth over Tk 135.25 billion for the Bay Terminal in Chattogram, reviving a long-stalled initiative in a region considered strategically vital both geographically and economically.

The Executive Committee of the National Economic Council (ECNEC) gave the nod on Sunday at a meeting chaired by Chief Adviser Muhammad Yunus at the NEC Conference Room in the Planning Commission complex.

The Bay Terminal Marine Infrastructure Development Project, stuck in bureaucratic limbo for nearly a decade, had seen no visible progress for four and a half months following the fall of the previous administration-even after securing the land needed for construction....