Financing for the 150-foot Folding Container Project in Bangladesh

4 FAQs about [Financing for the 150-foot Folding Container Project in Bangladesh]

Which port will handle 36 percent of Bangladesh''s container volumes?

The Bay Terminal, located in the Anandangar/Sandwip channel, west of the Chittagong port and close to existing road and rail links to Dhaka, is expected to handle 36 percent of Bangladesh’s container volumes.

How much did the World Bank support Bangladesh in FY 23-24?

In FY 23-24, the World Bank committed a record $3.4 billion in support to Bangladesh, including this project. The World Bank was among the first development partners to support Bangladesh following the country’s independence.

Does Bangladesh need a new port?

In parallel with its robust GDP growth, Bangladesh''s container cargo demand is expected to surge. However, the Chittagong Port, which handles 98% of all container cargo, has only 9.5m depth, and this necessitates the development of a new port that can accommodate the recent increase in the size of international ships and future cargo demand.

How POC & TOA Corporation contribute to the development of Bangladesh?

Going forward, POC and TOA Corporation are committed to contribute to the further development of Bangladesh by leveraging the wealth of experience and technological capabilities accumulated both in Japan and overseas. Construction of administration buildings, gates, workshop etc.: 21nos.

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