Despite protests and criticism, the interim government is pushing ahead with plans to hand over key operations of Chattogram Port to foreign companies, several media reports read.
The process to handover management of the highly profitable New Mooring Container Terminal (NCT), which contributes 60% of the port`s revenue, to Dubai-based DP World is in its final stages. Saudi firm Red Sea Gateway Terminal has already begun operations at Patenga Container Terminal (PCT).
Chief Adviser’s Press Secretary Shafiqul Alam said that the government aims to finalize foreign investments in NCT and other projects by September. The goal, he said, is to transform Bangladesh into a global manufacturing hub, leveraging strategic investment in port infrastructure.
However, opposition parties, labor groups, and civil society organizations have raised serious concerns. Critics argue that handing over self-funded and fully operational terminals like NCT undermines national sovereignty and risks job losses for thousands of port workers. Labor leaders also fear security risks, as NCT is located near sensitive military installations.
Chattogram Port Authority Chairman Rear Admiral SM Moinuzzaman clarified that no final decision has been made yet, but said foreign operators could boost efficiency and competitiveness.
Meanwhile, advocacy groups such as Shushashoner Jonno Nagorik (Sujan) have urged the government to act in the national interest, highlighting the port`s vital role in the economy and sovereignty of Bangladesh.
The government’s broader plan includes expanding the port’s handling capacity sixfold by 2030, supported by increased foreign investment and strategic partnerships.
