MGH Group has signed an agreement with the Chittagong Port Authority (CPA) to develop a private container terminal at Patenga, marking a significant step toward enhancing Bangladesh’s port infrastructure and trade efficiency.

The planned facility, named the MGH Terminal, will be built on seven acres of land and include a 250-metre jetty. Once operational, it is expected to handle 3,500 TEUs at static capacity and process up to 40,000 TEUs monthly.

Once operational, the container terminal is expected to deliver substantial efficiency gains, including reducing vessel turnaround time by up to 30%, enabling faster cargo handling and improved shipping schedules. Additionally, the project is projected to generate significant fuel savings, with optimized vessel movement and reduced waiting times contributing to lower operational costs and improved environmental outcomes.

The development aligns with Bangladesh’s broader strategy to modernize port infrastructure, enhance trade competitiveness, and support growing import-export volumes. By introducing private sector participation and global operational expertise, the initiative is expected to improve service standards and attract further investment into the logistics sector.

Strategically located at Patenga, the terminal will play a critical role in supporting Bangladesh’s expanding trade ecosystem, facilitating smoother cargo movement, and reinforcing the country’s position as a regional trade hub.

As Bangladesh continues to experience sustained economic growth and rising trade demand, investments in port infrastructure remain essential to ensuring efficient supply chains and long-term competitiveness.

Source: The Business Standard