Govt clears way for India’s use of Ctg port for transit

A government committee has cleared the way for use of the available facilities at Chittagong port by India as a transit point.

It found the facilities in the sea-port sufficient at this stage for taking any extra load because of the additional requirements on account of transit.

The approval by the committee has come at a time when domestic port-users have been complaining about frequent congestion in the terminals and depots at Chittagong port because of a steadily growing volume of sea-borne cargo, to, and from, Bangladesh.

The volume has been increasing at an annual rate of 15 per cent over the years.
News Source: Financial Express