India Keen to Tap Pangaon River Terminal for Trade with Bangladesh

18 March 2018

The Ministry of Shipping of the Government of India will propose to add the Pangaon river terminal into the India-Bangladesh protocol for inland water trade at the upcoming secretary-level talks between the two countries. Located 20 kilometers away from Dhaka, Bangladesh, the Pangaon container terminal can provide a cost-effective means to transport goods between Kolkata and Dhaka. Mr. Gopal Krishna, Secretary, Ministry of Shipping, expects the proposal to receive support from the Government of Bangladesh.

Prevalence of non-containerized road cargo mainly through the Petrapole-Benapole border, and lack of uniformity in axel-load restrictions contributes to high costs of Bangladesh-India trade. Containerizing and shifting road cargo to less costly rail and inland river transport can boost trade between the two countries.

Inland water transit attracts a high volume of domestic freight in Bangladesh due to its low cost. Terminals currently included in the protocol are the Kolkata port in West Bengal, India; Mongla, Narayanganj, Ashugunj ports in Bangladesh; and Karimgunj in Assam, India.

Mr. Krishna was in Kolkata, India to flag off two tug-barge flotillas, which will help carry fly ash to Bangladesh for landfills. He also surveyed progress of the Jal Marg Vikas Project (JMVP), financed by the World Bank, which will enable commercial navigation of vessels with capacity of 1,500-2,000 tons on the 1,620 kilometere National Waterway-1 on the Ganga river. This runs from Varanasi to Haldia, with links to Bangladesh. Full completion of this waterway is expected by March 2023.

 

Related Links:

Technology helps set the appropriate balance between facilitation and enforcement ...

Read More


The Asian Development Bank (ADB) committed an additional $20 million to the SASEC Power System Expansion Project on...

Read More


The Asian Development Bank (ADB) committed $180 million financing to enhance the capacity and improve the quality and...

Read More


Delegates from the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Member States—Bangladesh, Bhutan, India,...

Read More


The Bangladesh Economic Zones Authority (BEZA) plans to launch a "One Stop Service" (OSS), a single window to...

Read More


Construction of the Northern Bypass Road gains momentum with the start of the dry season in Bhutan. The...

Read More


The Third Meeting of the South Asian Association for Regional Cooperation (SAARC) Council of Experts of Energy Regulators...

Read More