Cargo between NE and Chittagong port to start soon
PORTS & SHIPPING

Cargo between NE and Chittagong port to start soon

Cargo transit and transhipment between Northeastern India and Bangladesh via Chittagong port will begin soon, according to the neighbouring country's Minister of State for Shipping Khalid Mahmud Chowdhury, who spoke here on Wednesday. Tripura is set to become the "Gateway of the North East," with access to Bangladesh's Chittagong port, which is only 70 kilometres from Sabroom in the northeastern state, he said.

"We are ready to begin transit and transhipment of goods between Bangladesh and India's northeastern region through Chittagong." Trial runs have been completed, and all immigration and customs formalities on the Bangladesh side are also complete," Chowdhury said.

The National Board of Revenue will issue the Statutory Regulatory Order (SRO) required for cargo movement from Bangladesh to India.

"This is, however, awaited for the time being," said the minister, who is in town for a programme.

The Indian side's immigration office is nearly finished, and Tripura Chief Minister Manik Saha recently inspected the Sabroom site.

On March 9, 2021, Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina jointly inaugurated the 1.9-kilometer-long Maitree Setu, the 'friendship bridge' over the river Feni connecting Sabroom with Bangladesh. This will make it easier to transport passengers and goods from Chittagong Port.

Chowdhury believes that once the bridge is operational, it will help Bangladesh's trade with Nepal and Bhutan. According to the Bangladesh minister, the Japanese government is also developing a new deep sea port at Matarbari in Cox's Bazar near Chittagong port, which will be completed by 2027.

This would also aid in the transportation of goods from Bangladesh to Tripura. The relationship between Japan, Bangladesh, and India is cordial, and a large investment is expected after the completion of the Matarbari port, which will aid in the development of Bangladesh and India's northeastern region, he added.

Chowdhury stated that the governments of India and Bangladesh will work together to revitalise Ashuganj port on the Meghna River, about 50 kilometres from Tripura's capital Agartala.

Chowdhury believes that once the bridge is operational, it will help Bangladesh's trade with Nepal and Bhutan.

"Recently we have procured land for developing the port. For developing infrastructure like construction of jetty and other works, the Indian government has agreed to spend Rs 400 crore and after it releases the money, full-scale works would be started", he said.

Cargo transit and transhipment between Northeastern India and Bangladesh via Chittagong port will begin soon, according to the neighbouring country's Minister of State for Shipping Khalid Mahmud Chowdhury, who spoke here on Wednesday. Tripura is set to become the Gateway of the North East, with access to Bangladesh's Chittagong port, which is only 70 kilometres from Sabroom in the northeastern state, he said. We are ready to begin transit and transhipment of goods between Bangladesh and India's northeastern region through Chittagong. Trial runs have been completed, and all immigration and customs formalities on the Bangladesh side are also complete, Chowdhury said. The National Board of Revenue will issue the Statutory Regulatory Order (SRO) required for cargo movement from Bangladesh to India. This is, however, awaited for the time being, said the minister, who is in town for a programme. The Indian side's immigration office is nearly finished, and Tripura Chief Minister Manik Saha recently inspected the Sabroom site. On March 9, 2021, Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina jointly inaugurated the 1.9-kilometer-long Maitree Setu, the 'friendship bridge' over the river Feni connecting Sabroom with Bangladesh. This will make it easier to transport passengers and goods from Chittagong Port. Chowdhury believes that once the bridge is operational, it will help Bangladesh's trade with Nepal and Bhutan. According to the Bangladesh minister, the Japanese government is also developing a new deep sea port at Matarbari in Cox's Bazar near Chittagong port, which will be completed by 2027. This would also aid in the transportation of goods from Bangladesh to Tripura. The relationship between Japan, Bangladesh, and India is cordial, and a large investment is expected after the completion of the Matarbari port, which will aid in the development of Bangladesh and India's northeastern region, he added. Chowdhury stated that the governments of India and Bangladesh will work together to revitalise Ashuganj port on the Meghna River, about 50 kilometres from Tripura's capital Agartala. Chowdhury believes that once the bridge is operational, it will help Bangladesh's trade with Nepal and Bhutan. Recently we have procured land for developing the port. For developing infrastructure like construction of jetty and other works, the Indian government has agreed to spend Rs 400 crore and after it releases the money, full-scale works would be started, he said.

Next Story
Real Estate

Real Estate Booms in Emerging Cities

India's rapid infrastructure expansion is unlocking real estate potential in 30 emerging cities, with land prices projected to grow up to 5.2 times by 2035, according to a report by Colliers. The transformation is driven by the development of key expressways, positioning cities like Nagpur, Jaipur, and Lucknow as rising investment hubs. Nagpur tops the list of emerging cities, bolstered by the 701-km Samruddhi Mahamarg Expressway, which has significantly enhanced connectivity and growth prospects. Jaipur and Lucknow follow closely, with burgeoning micro-markets such as Ajmer Road and Raebarel..

Next Story
Products

Smart Lockers Debut on Delhi-Meerut RRTS

The National Capital Region Transport Corporation (NCRTC) has launched smart lockers at Sahibabad and Ghaziabad stations along the Regional Rapid Transit System (RRTS) corridor, providing passengers with secure storage for luggage and e-commerce parcels. The initiative will be extended across all stations on the corridor in the future. The RRTS, a high-speed rail project spanning 82 kilometers, connects Delhi, Ghaziabad, and Meerut, offering faster and more convenient commutes. Currently, trains operate on a 55-kilometer stretch, covering two stations in Delhi, eight in Ghaziabad, and one in ..

Next Story
Infrastructure Urban

JK Tyre Secures $100M Sustainability-Linked Loan

India’s tyre industry has achieved a significant milestone as JK Tyre secured a $100 million Sustainability-Linked Loan (SLL) from the International Finance Corporation (IFC). The first deal of its kind in the sector will drive the company’s growth plans and strengthen its sustainability initiatives. Boosting Production Capacity The loan allocates $30 million to JK Tyre & Industries Ltd and $70 million to its subsidiary, Cavendish Industries Ltd (CIL). The funds will enhance production at JK Tyre’s Banmore plant in Madhya Pradesh, focusing on Passenger Car Radial (PCR) tyres, and CILâ€..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000