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Commercial ships on anchorage in the Karnaphuli River in Chattogram near Port of Chittagong

Chittagong port is situated in the estuary of the river Karnaphuli; being around 1 1 km from the Bay of Bengal.

 

The Port of Chattogram is the principal port of Bangladesh. The port was established at its present location in 1887. By 1910, four jetties were constructed to handle 0.5 million MT of cargo annually. Since then the port has grown gradually to the present shape.

 

It is situated on the right bank of the river Karnafuli at a distance of about 9 nautical miles from the shoreline of the Bay of Bengal. Chattogram Port is considered the heart of the economy of Bangladesh. The geographic location of this port creates the opportunity for easy and cost-effective foreign trade to be carried out through with all South Asian countries as well as other Asian countries. Enough and low-cost labour is also readily available here. For these reasons, Chattogram Port holds much potential as a highly promising regional seaport. Consequently, cargo handling through Chattogram Port has not only rapidly increased but cargo type has also diversified. The Port is a regular member of Japan based International Ports and Harbours (IAPH).As a gateway of Bangladesh, Chattogram Port not only handles 92% of the country’s international trade but also generates about 35% annual revenue of the country on account of import tax, duties and VAT which confirms the significance of the port in the Government’s finance. About 80% export-import industries and 5-Export Processing Zone (out of 10 EPZ) are situated within Dhaka and Chattogram division and Dhaka- Chattogram corridor (transportation by rail, road & river) due to the Chattogram Port. This also helps to generate about 30% of the GDP. 100% imported Petroleum Oil and Lubricant (POL) of the country is transported through this port. Not only that, through this port 100% finished product are exported and 80% raw materials & accessories are imported. For Ready Made Garments (RMG) sector, which fetches about 76% of the country’s export earnings as hard currency.

 

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Uploaded on December 1, 2023
Taken on November 25, 2023