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. The port is undergoing expansion and the project is expected to be completed in 2021.
Background
Payra port was originally planned as
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
'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
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
, and the
United States opposed the plan.
In 2016, Indian companies stepped in to invest in the port.
An MoU was signed with
Jan De Nul Group
Jan De Nul Group is a Belgian family-owned company, with the financial headquarters in Luxembourg, that provides services relating to the construction and maintenance of maritime infrastructure on an international basis. Its main focus is dredging ...
in 2016 to dredge the Ramnabad canal.
As of 2017, Payra was primarily a governmental route for import and export.
The
Payra Port Authority is an autonomous agency which is responsible for the management of the seaport of Payra.
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.
References
External links
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
* {{cite news , title=Proposal to hike Payra project cost by 250pc , url=http://www.thefinancialexpress-bd.com/2017/06/20/74382/Proposal-to-hike-Payra-project-cost-by-250pc , newspaper=The Financial Express , date=20 June 2017
Port of Payra Authority Act, 2013
Patuakhali District
Payra
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. The port ...