Project management consultancy contract signed to upgrade Mongla Port under Indian LOC : Bangladesh

Current Affairs

  • The Project Management  Consultancy (PMC) services contract for the upgradation of the Mongla port was signed in Dhaka.
  • The project is being financed under India’s concessional Line of Credit (LOC) of USD 4.5 billion extended to Bangladesh.
  • The contract was signed between Mongla Port Authority (MPA) and EGIS India Consulting Engineers Pvt. Ltd.
  • The total project cost under the Government of India concessional Line of Credit is USD 530 million of which the PMC contract awarded to EGIS  India Consulting Engineers Ltd. is USD 9.60 million.
  • Bangladesh  State Minister of Shipping Khalid Mahmud Chowdhury MP was the Chief Guest for the event. High Commissioner of India to Bangladesh Pranay Verma and Secretary, Ministry of Shipping  Md. Mostafa Kamal attended the event as Special Guest.

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