South Korean JV appointed as consultant

Chattogram Port Authority (CPA) has appointed a South Korean joint venture company as the international consultant for the construction of the much-awaited Bay Terminal which would enable the country's premier sea port to accommodate bigger vessels.

The cabinet committee on purchase yesterday approved the appointment of the joint venture of the Kunhwa Engineering and Consulting Company and DaeYoung Engineering Company for Tk 126.50 crore. The terminal is being constructed on around 2,500 acres of land.

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It will have a length of 6.15 kilometres, stretching from the back of Chattogram Export Processing Zone to Rasmonighat on the Halishahar coast of the Bay of Bengal.

It was initially decided that one single firm would build the whole terminal under a public-private partnership model.

Vessel movement to and from the port through the Karnaphuli channel is reliant on high tide.

Once the proposed Bay Terminal is constructed, vessel operation at the terminal would be possible round the clock. Bigger vessels with a draft of up to 12 metres would also be able to berth. Currently the port jetties can accommodate vessels of up to 9.5 metres of draft.