"Despite being the "heart of Bangladesh's economy," the port has long been neglected, he said. Yunus serves as the "chief adviser" the head of the Bangladeshi administration appointed after veteran leader Sheikh Hasina was ousted in the August 2024 mass uprising. The interim government has pledged to focus on reforming the institutions, ensuring justice for past abuses, and organizing free and fair elections that would see it replaced with a democratically elected Cabinet. The polls are set to be held in February next year."
"the Chattogram Port previously known as Chittagong handles over 90% of Bangladesh's maritime trade and nearly all of its container traffic. With political turmoil ongoing in Bangladesh and the media attention shifting to the upcoming national elections, the port issue faded from public focus. However, on October 12, Shipping Secretary Mohammad Yusuf announced that two more terminals Laldia, also in Chattogram, and the river port of Pangaon in Dhaka would also be leased to foreign companies for 25 to 30 years."
Muhammad Yunus, interim chief adviser, announced plans to hand over operations of the New Mooring Container Terminal (NCT) at Chattogram Port to foreign companies. The interim administration aims to attract investment, signal economic stability, reform institutions, ensure justice for past abuses, and organize free and fair elections scheduled for February. Shipping Secretary Mohammad Yusuf later said two additional terminals, Laldia in Chattogram and the river port of Pangaon in Dhaka, will be leased to foreign firms for 25–30 years with transfers to be completed by December. No foreign partners or nations were specified, and security analysts criticized the decision given the interim government's limited mandate.
Read at www.dw.com
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