Recent speakers at a seminar organized by the Dhaka Chamber of Commerce and Industry (DCCI) encouraged the Bangladeshi government to improve the port logistics system to lower operating costs and draw more investment into the industrial sector. To handle port logistics more creatively and efficiently, they urged the creation of a “National Logistics Policy.”The seminar’s focus was on Bangladesh’s ability to compete internationally in commerce. Mohammad Mostafa Kamal, the shipping secretary, said during the seminar that the Abu Dhabi Port’s interest in working in Bangladesh’s port industry would be beneficial for increasing port capacity.
When Payra port is fully operational, it will join Chattogram port in processing additional cargo. Port logistics management, according to DCCI President Rizwan Rahman, is a crucial component of competitiveness in global commerce. As exports from the nation increase, Chattogram port has grown to be the 64th busiest seaport in the world, but it is also Asia’s least efficient seaport, he added. “Our cost of doing business would reasonably decline, resulting in improved lead time, which attracts more investors in the nation,” Rahman was cited as saying by Bangla media. “The infrastructural capacity of Chattogram port should be expanded.” The World Bank claims that Chattogram port is hindered from being efficient by slow container handling, a smaller drafting capacity, ineffective port administration, a lack of port yards, a slow turnaround time, and a lack of modern equipment. In terms of the logistic performance index, Bangladesh is placed 100th, while in terms of the
