Matarbari deep sea port will be lifeline of economy

The under-construction Matarbari deep sea port in Cox’s Bazar’s Moheshkhali Upazila will be the lifeline of the economy.

Prime Minister Sheikh Hasina will inaugurate the Matarbari deep seaport channel at Maheshkhali in Cox’s Bazar on November 11 as the port is scheduled to start its operations in 2026.

Chairman of the Chattogram Port Authority Rear Admiral Mohammad Sohail said that the tender process for construction of Matarbari deep sea port terminal is awaiting final approval.

“The construction of the first terminal will start from the beginning of next year. It will be completed within three years,” he added.

Hailing the Matarbari deep sea port as an iconic establishment in South Asia, State Minister for Shipping Khalid Mahmud Chowdhury  said that it will add two to three billion dollars to the country’s economy, and reduce the cost of transportation of goods from Singapore and Colombo ports by 10 to 20%.

Mentioning that the deep sea port will open new horizons in the country's economy, he added, “A large number of industrial establishments will be constructed in Matarbari, offering massive employment opportunities. We can proudly say that Bangladesh has a deep sea port.”

Adding that a rail link will be established connecting Matarbari in forthcoming days, Khalid Mahmud added, “Prime Minister Sheikh Hasina has taken the country forward with a multi-dimensional communication system. The country's economy is strong even after the corona pandemic and the Ukraine war.”

He further said that whatever necessary will be done to transform Matarbari into the shape of Singapore.