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CPA Clarifies: No Port Terminals to Foreign Companies, Leasing Process Transparent

CPA sets the record straight: no foreign ownership. Transparent leasing process continues despite political unrest and temporary gathering ban.

This image consists of a buildings which are on the right side and there is a signal pole. In the...
This image consists of a buildings which are on the right side and there is a signal pole. In the front there is a pole. On the wall there is graffiti.

CPA Clarifies: No Port Terminals to Foreign Companies, Leasing Process Transparent

Chattogram Port Authority (CPA) clarifies its stance on port terminal leasing and ownership. Amidst political unrest and media speculation, the CPA assures the public that no terminals will be handed over to foreign politico. Meanwhile, the CPA continues its transparent process of appointing licensed operators.

The CPA has dismissed recent reports suggesting foreign ownership of Chattogram port terminals. It attributes these false claims to certain media outlets and reiterates its commitment to transparency and neutrality in the leasing process.

Political gatherings in the port area have been temporarily banned by the Chattogram Metropolitan Police commissioner, Hasib Aziz, from October 11 for 30 days. This decision comes amidst ongoing breaking news against the interim government's previous plan to lease out three key port facilities to foreign companies.

The CPA expects agreements for leasing the port facilities to be signed by December. All terminals, jetties, yards, and other facilities remain solely owned by the CPA, ensuring no change in local control.

The CPA maintains that no port terminals will be handed over to foreign companies. It continues to work towards appointing licensed operators in a transparent manner. Meanwhile, political protests persist, and a temporary ban on gatherings in the port area is in effect.

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