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Events

Commencement of Project Development Activities for Construction of Laldia Bulk Terminal at Chittagong on PPP basis

Posting Date: 30 March, 2015

The MMM Group, Canada, has been engaged for the provision of PPP Transaction Advisory services for the “construction of the Laldia Bulk Terminal” at Chittagong Port.

The Chittagong Port, the main seaport in Bangladesh, handles more than 92% of the total sea born trade of the country, covering container cargo, dry bulk and break bulk. The port is operated by the Chittagong Port Authority (CPA), which is under the administrative control of the Ministry of Shipping.

As the main seaport for Bangladesh, Chittagong Port has experienced continuous growth of cargo volume reflecting the wider economic growth of Bangladesh, which has averaged GDP growth of approximately 6% per annum over the past 10 years. With forecasted continued growth of cargo volumes, it is envisaged that the existing port facilities will rapidly approach capacity.

Additionally, a key constraint faced by Chittagong Port is the lack of any specialist terminals to handle bulk cargo. Currently the bulk cargo is being handled at the existing container terminal; however, this is not viable over the long term. The lack of dedicated equipment for bulk cargo, and the strong growth of container and bulk cargo volumes are having an adverse impact on overall performance of the port and vessel waiting times.

In large part to address these issues, the CPA is intent on developing a dedicated bulk cargo handling facility and has identified the Laldiar Char as a strategically appropriate location for developing a bulk cargo handling terminal. CPA has decided to explore the viability of development of the new bulk terminal using a Public-Private Partnership arrangement. In this context, it has engaged the services of the MMM Group as Transaction Advisor to evaluate the viability of such an arrangement and to assist with the implementation of the procurement process for a private partner.

Project Description
As currently contemplated, the project will include the construction, operation and maintenance of the new Laldia bulk cargo handling terminal, comprising 2 jetties with the supporting back up facilities.

The key stated objectives of the project are to:
Set up a dedicated terminal with specialist equipment to handle bulk cargo;
Enhance capacity at the Chittagong Port to deal with additional cargo volumes to meet forecasted future demand;
Enhance operational performance at the Chittagong Port and reduce vessel waiting times.

The transaction advisors have been engaged to assist with achieving the stated objectives through the provision of its services in two phases:

Phase 1:
Assessment of the technical, commercial, financial, environmental and social viability for the construction of the Laldia Bulk Terminal on a PPP basis; and

Phase 2:
Subject to a positive confirmation of the viability of the project, to assist the CPA in delivering, designing and implementing the project on the basis of a PPP structure; and

To structure the project, develop a commercial model; assist in the bidding process and award of the project with a view to encouraging private sector participation in the bidding process and optimizing the revenue potential of the project.

 
EVENTS ARCHIVE
2016 (8)
PPP Stakeholder Workshop with Bangladesh Municipal Development Fund (BMDF) and UNCDF
21 November, 2016
PPP Authority signed ‘PPP Financing Partnership’ MOU with 14 Financial Institutions
4 November, 2016
Prime Minster Chairs first Board of Governors Meeting Under the PPP Act
3 March, 2016
Signing of the development Agreement & Permit giving ceremony for Mongla Economic Zone
26 February, 2016
Commencement of Project Development Activities for “Establishment of International Standard Tourism Complex at Existing Motel Compound of BPC at Sylhet”
25 February, 2016
PPP Stakeholder Workshop with Ministry of Industries
24 February, 2016
Stakeholder Workshop on Draft Feasibility Report of "Construction & Operation of Inland Container Terminal at Khanpur" under PPP
28 January, 2016
PPP Stakeholder Workshop with Ministry of Environment & Forest
7 January, 2016
 
2015 (13)
Pre-application Meeting
28 October, 2015
Pre-application Meeting
27 October, 2015
Pre-application Meeting
26 October, 2015
Pre-bid Meeting
22 September, 2015
Enactment of the Bangladesh Public-Private Partnership (PPP) Act, 2015
20 September, 2015
Commencement of Project Development Activities for Establishment of International Standard Tourism Complex at Existing Motel Upal Compound of BPC at Cox’s Bazar
16 August, 2015
Pre-Application Meeting
31 May, 2015
Commencement of Project Development Activities for Establishing Bangladesh Railways Medical College in Chittagong
9 April, 2015
Commencement of Project Development Activities for Construction & Operation of Inland Container Terminal (ICT) at Khanpur on PPP basis
30 March, 2015
Commencement of Project Development Activities for Construction of Laldia Bulk Terminal at Chittagong on PPP basis
30 March, 2015
Expanding Public Health Services through PPP
12 March, 2015
Stakeholder Workshop on Development of Integrated Tourism and Entertainment Village at Cox’s Bazar
26 February, 2015
Contract Signing with Private Investor for Establishment of Two Out Patient Hemodialysis Centers at NIKDU Hospital, Dhaka and CMC Hospital, Chittagong on Public Private Partnership Model
27 January, 2015
 
2014 (13)
Seminar of Draft PPP Law
22 October, 2014
Commencement of Project Development Activities for setting up of 5 star hotel at Zakir Hossain Road, Chittagong
16 October, 2014
International Investors Forum Bangladesh 2014 for promoting investment climate in Bangladesh
17 September, 2014
Dhaka-Chittagong Expressway Contract Signing for Feasibility Study and Detailed Design
03 July, 2014
Commencement of Project Development Activities for Integrated Tourism and Entertainment Village at Cox's Bazar
30 June, 2014
Round Table Discussion on PPP in Bangladesh
31 May, 2014
PPP Stakeholders Workshop with Focal Points
8 May, 2014
PPP Stakeholder Workshop with Senior GoB Officials
30 April, 2014
Project Development for Upgrading the Hemayetpur-Singair-Manikganj Road into 4 lane expressway on PPP basis
27 April, 2014
Transaction Advisor Appointed for Construction of Flyover from Shantinagar to Dhaka-Mawa Road (Jhilmil) on PPP basis
27 April, 2014
PPP Stakeholders Workshop with Planning Commission
17 April, 2014
PPP Stakeholders Workshop with Focal Points
3 April, 2014
Inauguration of the Project Development for Mirpur Housing under PPP modality
27 February, 2014
 
2013 (11)
Start of the Project Development for Dhaka By-Pass Road under PPP modality
12 December, 2013
Pre-Bid Meeting held for Development of Jetties at Mongla Port through PPP
10 October, 2013
PPP Office Organizes Round Table discussion with Development Partners
9 October, 2013
Stakeholder Consultation for PPP Project Abasar
7 October, 2013
PPP Training in HPN (Health Population & Nutrition) sector
17 June, 2013
Workshop on enhancement of long-term PPP Financing
4 May, 2013
Workshop on "PPP in Tourism"
14 March, 2013
Inter-ministerial meeting on draft PPP Law, 2013
14 March, 2013
PPP Stakeholders' Workshop
28 January, 2013
Workshop on "Sharing PPP Experiences"
24 January, 2013
PPP key to realizing vision 2021 development goals
1 January, 2013
 
2012 (5)
Workshop on PPP Training Needs Assessment
10 November, 2012
PPP Office attended View Exchange meeting on IPFF Financing for potential PPP projects
8 October, 2012
Government of Bangladesh to Expand Affordable Dialysis Service through Public-Private Partnership
17 September, 2012
PPP Office Consult with BUILD
10 June, 2012
PPP Office Consult with PFI
5 June, 2012
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