Dhaka, Oct. 1 -- Local berth operators have expressed interest in redeveloping and managing Chattogram port's oldest terminal, the General Cargo Berth (GCB), under a long-term public-private partnership (PPP) arrangement.
On Monday, the Bangladesh Ship Handling and Berth Operators Association, together with the Terminal Operators Owners Association, formally submitted a proposal to the Chattogram Port Authority (CPA). The plan seeks to form a consortium of local and foreign investors to modernise and operate the GCB for 25 to 30 years.
Fazle Ekram Chowdhury, president of the Ship Handling and Berth Operators Association, handed over the proposal to CPA Chairman Rear Admiral SM Moniruzzaman at the port office, in the presence of operators ...