The long-awaited Bay terminal project at Chittagong Port is set to begin construction this year, marking a major milestone for Bangladesh’s maritime infrastructure. The Chittagong Port Authority (CPA) confirmed that the mega project, supported by World Bank financing, is scheduled for completion by 2031 and will serve as the country’s future maritime gateway.
The Executive Committee of the National Economic Council (ECNEC) approved the project in April, allocating Tk 135.25 billion for its implementation. The terminal will be built on 900 acres along the Patenga coastline, featuring a breakwater, dredged access channel, and state-of-the-art container-handling facilities capable of accommodating large vessels that currently cannot dock at existing jetties.
CPA Chairman Rear Admiral SM Moniruzzaman said the terminal would significantly enhance the capacity of Chittagong Port, reduce vessel turnaround times, and lower import-export costs. Once operational, it will increase container-handling capacity from 3.1 million to 5 million TEUs per year and is expected to contribute 2–3 percent to national GDP growth.
The CPA has already signed agreements with PSA Singapore and DP World under public-private partnership (PPP) models for container terminals 1 and 2, while a separate deal with the World Bank covers the construction of the breakwater. CPA Secretary Md Omar Faruk emphasized that the initiative aligns with Bangladesh’s broader goals of port modernization, automation, and global trade competitiveness.
