Bangladesh Ministry opts for RSGT to run new Patenga box terminal at Chittagong
RED Sea Gateway Terminal (RSGT) has been selected by Bangladeshi Ministry of Shipping as the preferred operator of the 500,000 TEU annual throughput capacity facility now under construction at the busiest container port on the Bay of Bengal.
RSGT, operator of the largest terminal facility in Saudi Arabia, at Jeddah Islamic Port, has been nominated over several competing proposals by the Bangladesh’s Ministry of Shipping to respond to an upcoming Request for Proposal (RFP) to operate the new US$240 million Patenga Container Terminal (PCT) currently nearing completion at Chittagong, Bangladesh’s primary port.
The Port of Chittagong (recently renamed as Chattogram), handled a record 3.2 million TEU in FY 2021, with 4,209 vessel calls, and is the busiest port in the Bay of Bengal, serving as the gateway for 90 per cent of Bangladesh’s import and export ocean cargo.
The new facility, being built by the Bangladeshi Government, will feature 600m quay and will be able to handle 3 vessels simultaneously augmenting the ship handling capacity at Chattogram port, reports Construction Business News Middle East.
“We are extremely pleased to have been selected for this opportunity. The rapid growth of Chittagong Port’s cargo volumes necessitates further investment in modern equipment, advanced technology and building new human capacity,” noted RSGT’s director of global investments, Gagan Seksaria.