Concerns are mounting regarding the handover of operations at Chattogram’s New Investor Container Terminal (NCT) to a foreign operator. The interim government continues to promote this initiative, initially launched by the previous Awami League administration. Hafen workers and several political groups have openly protested the transition, fearing that transferring a profitable terminal to a foreign firm could be detrimental.
The NCT, built in 2007 for approximately 2,000 TK, is capable of accommodating four large container ships simultaneously. Saif Powerec Ltd has operated two of the terminal’s jetties since 2007 and managed around 12.61 lakh TEUs in 2024, representing 44% of the port’s total container handling. The Awami League government sanctioned the appointment of a foreign operator as part of a public-private partnership, despite concerns that over 1,000 local jobs may be at risk.
While the government argues that modern technology from a foreign operator could enhance efficiency, local resistance continues to grow. The International Finance Corporation (IFC) is currently reviewing the project and will present its findings soon, with reports suggesting the government may favor DP World as the prospective operator.
