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Abu Dhabi (AD) Ports Group has offered to invest $1 billion to construct a multipurpose terminal, one of four under Bay Terminal, in a joint venture with Chittagong Port Authority (CPA), said CPA Chairman Rear Admiral Mohammad Sohail yesterday.
AFTER threatening to remove the skywalks himself if they had not been removed by this month, Cebu City Mayor Michael Rama now says the two structures along Osmeña Boulevard, one near the Cebu Normal University (CNU) and the other near Fuente Osmeña Circle, will “stay” until a better solution is found, and that he is even considering enhancing them.
CPA is hopeful of signing agreements with two global firms by June next year for the construction of two of three container terminals under a mega Bay Terminal project
One and a half years after the completion of construction, the newly-built Patenga container terminal (PCT) at the Chattogram port is finally going to be formally inaugurated.
Construction of Bay Terminal, a mega expansion project of the Chattogram port, has undergone further progress, with an international consultant having finalised its draft masterplan.