A Briefing Note on the Port Sector in Bangladesh
Traffic at Chittagong Port, which handles 90 percent of Bangladesh's foreign trade, has been growing rapidly. The volume of containers handled has increased by over 10 percent a year over the last decade and a similar or faster growth rate is...
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| Format: | Pre-2003 Economic or Sector Report |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/02/16259431/briefing-note-port-sector-bangladesh http://hdl.handle.net/10986/12395 |
| Summary: | Traffic at Chittagong Port, which
handles 90 percent of Bangladesh's foreign trade, has
been growing rapidly. The volume of containers handled has
increased by over 10 percent a year over the last decade and
a similar or faster growth rate is projected for the
foreseeable future. Chittagong Port has not responded to
this demand growth effectively, resulting in congestions and
delays at the port, as well as high costs to port users. The
delays and uncertainties in port services seriously
undermine the economy's productivity and international
trading links. Improving both port operations and on-ward
inland transportation system will be fundamental to maintain
and improve the international competitiveness of the
Bangladesh economy. The productivity at Chittagong port is
the lowest among major ports in the region by most
measurements. The impact of low productivity in Chittagong
port is made worse by the poor inland transport distribution
system for containers in the country. Chittagong port is the
only major port in South Asia that has no private sector
operator in its terminal operations and much of the
port's services are run by public monopoly, thus
limiting competition and reducing efficiency. |
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