A high-ranking official from the Japan International Cooperation Agency (Jica) emphasized that the Matarbari deep-sea port, located in Moheshkhali upazila of Cox’s Bazar, is poised to revolutionize the area into a pivotal hub for logistics, energy, and manufacturing. This transformation will be driven by the port’s crucial role in facilitating cargo shipments, enabling the region to emerge as a key player in the import-export landscape.
The inaugural deep-sea port in the country is designed to accommodate sizable mother vessels, facilitating the transshipment and transit of cargo. This development, according to the official, will pave the way for the establishment of new local industries, fostering comprehensive economic growth.
Ito Teruyuki, the Director-General for South Asia at Jica, stated that the Matarbari deep-sea port is expected to diversify Bangladesh’s industrial sector. The estimated cost for completing this groundbreaking project is approximately $2.5 billion, and Teruyuki expressed optimism that the port will commence commercial operations by early 2027.