Mongla port upgrade: Tk 6,014 crore deal inked with Indian firm

Egis India Consulting Engineers Private Limited has been appointed as the consultant for a capacity building project worth Tk 6,014 crore at Mongla port, the second largest seaport in Bangladesh.

The Mongla Port Authority (MPA) and Egis India today signed the related agreement for the "Upgradation of Mongla port" project, at the Radisson Blu Dhaka Water Garden in the capital.

Rear Admiral Mohammad Musa, chairman of the MPA, and Laurent Germain, chief executive officer of Egis India, signed the agreement on behalf of their respective parties.

Of the estimated Tk 6,014 crore project, the government will finance Tk 1,555 crore from its own coffer while India will provide Tk 4,459 crore as assistance under its third line of credit.

The project is scheduled to be complete by July 30, 2024.

The upgradation works include constructing a container terminal, handling and delivery yards, a residential complex and community facilities, marine workshop, multi-storey car lots, service jetty, and more.