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Bangladesh OKs $1.58B port project in Chattogram; protests over foreign management of a terminal.
The interim Bangladeshi government has approved a $1.58 billion project to develop the Bay Terminal in Chattogram, a key economic region.
The World Bank is providing $650 million for a breakwater and dredging, with the government covering the rest.
Completed by 2031, it aims to reduce vessel congestion and support trade.
Meanwhile, the Jamaat-e-Islami party protests plans to transfer the New Mooring Container Terminal (NCT) to foreign companies, citing national security concerns and calling for the port authority to manage it.
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Bangladesh aprueba un proyecto portuario de $1.58B en Chattogram; protestas por la gestión extranjera de una terminal.