Port of Payra

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Port of Payra
Location
CountryBangladesh
LocationKalapara, Patuakhali
Coordinates21°59′20″N 90°16′45″E / 21.9890°N 90.2792°E / 21.9890; 90.2792Coordinates: 21°59′20″N 90°16′45″E / 21.9890°N 90.2792°E / 21.9890; 90.2792
UN/LOCODEBGPAY[1]
Details
Opened13 August 2016 (2016-08-13)
Owned byPayra Port Authority
Draft depth16 meters
Land Area6,562 acres (26 Square Km)
Statistics
Annual revenueIncreaseUS$32 million (2019)

The Port of Payra is a seaport located at Kalapara in Patuakhali, Bangladesh. It was established by an Act of Parliament in 2013. The port was officially inaugurated in 2016. It is located on the Ramnabad Channel near the Bay of Bengal.[2] The port is undergoing expansion and the project is expected to be completed in 2021.[3]

Background[edit]

Payra port was originally planned as China's bid for another deep seaport in its String of Pearls strategy. The construction of the port, which was being financed on a public-private partnership (PPP) platform, was therefore granted to a Chinese company. India, Japan, and the United States opposed the plan.[4]

In 2016, Indian companies stepped in to invest in the port.[4] An MoU was signed with Jan De Nul Group in 2016 to dredge the Ramnabad canal.[5][6][7]

As of 2017, Payra was primarily a governmental route for import and export.[8]

The Payra Port Authority is an autonomous agency which is responsible for the management of the seaport of Payra.[9]

As of 2021, plans to for a deep seaport at Payra have been shelved and the port was to be developed as a regular seaport.[7]

References[edit]

  1. ^ "United Nations Code for Trade and Transport Locations (BD) - BANGLADESH". Retrieved 3 February 2022.
  2. ^ "Bangladeshi Payra Port Inaugurated". Offshore Energy. 15 August 2016.
  3. ^ Al Amin, Mehedi (16 February 2019). "Slow but steady progress in Payra Port construction". Dhaka Tribune. Retrieved 26 December 2020.
  4. ^ a b Shepard, Wade. "Bangladesh's Deep Sea Port Problem". thediplomat.com. Retrieved 20 March 2022.
  5. ^ "Major contract for Payra Port's next dredging phase awarded to Jan De Nul". Jan De Nul. 14 June 2021. Retrieved 3 February 2022.
  6. ^ Ganic, Eldin (14 June 2021). "Jan De Nul signs Rabnabad dredging deal". Offshore Energy. Retrieved 3 February 2022.
  7. ^ a b Khan, Sharier; Noman, Morshed (19 April 2021). "Payra downgraded to seaport from deep seaport". The Business Standard. Retrieved 3 February 2022.
  8. ^ নতুন পায়রা সমুদ্রবন্দর বাংলাদেশের জন্য কতটা গুরুত্বপূর্ণ [The importance of the new Payra seaport]. BBC Bangla (in Bengali). 30 October 2015. Retrieved 17 November 2016.
  9. ^ "উদ্বোধন হলেও সচল হয়নি পায়রা বন্দর" [Port was not opened even after its inauguration]. Prothom Alo (in Bengali). 30 November 2013. Archived from the original on 23 December 2017. Retrieved 17 November 2016.

External links[edit]