Chittagong Port Trade Facilitation Project

Chittagong Port Trade Facilitation Project

Locations

Type

Seaport

Status

Completed

Total Reported Cost

27.8 million USD

Initiatives

Start Date

Dec. 20 2004

Start of Construction

Jan. 03 2005

Planned Completion Date

Aug. 23 2013

Contractors

Consultants

Funders

Source(s) Amount
18,130,000 USD
9,710,000 USD

Description

The Project will increase port capacity, which will lead to reductions in shipping and port charges, and enable the Port of Chittagong to meet imminent international port security and environmental standards. In the long term, the Project will foster economic growth by facilitating increased international trade.