Today, Chittagong is one of the fastest growing cities in the world, with a GDP of $25 Billion. A major commercial and industrial centre, the city also has a globally competitive special economic zone. With the Port of Chittagong being expanded and developed, the Dhaka–Chittagong Highway being upgraded into 4 laned divided highway, and Shah Amanat International Airport being upgraded, regional neighbours of Bangladesh have eyed Chittagong as a future regional transit hub. The port city is seen as crucial to the economic development of landlocked southern Asia including Northeast India, Bhutan, Nepal and parts of Southern China and Burma.
The University of Chittagong (Chittagong University, CU, Bengali: চট্টগ্রাম বিশ্ববিদ্যালয়) is a public university situated at the suburban area of Hathazari, Chittagong district, Bangladesh. The university was established in 1966. The campus is 22 km north of Chittagong city. The University of Chittagong is surrounded by hills, and bisected by a small stream which made this university a famous tourist spot across the country.It is a multidisciplinary research university. The university ranks among the top public and private universities of Bangladesh. Currently, it is the third largest University in Bangladesh with more than 20,000 students and about 800 faculty members.
Watercolour by Thomas (Prinsep, 1800-1830) of moored boats from Arakan or Chittagong, dated c.1828. The image is inscribed on the album page: 'Mugh boats'. Mugh is the name commonly applied to natives of Arakan or Chittagong.