Notwithstanding the fact that Payra Port is amongst Bangladesh Government’s fast-track projects, the completion date of two projects related to it, reportedly, continues to witness delays even as the cost continues to shoot up as well.
This was maintained in recent media reports which stated that inappropriate cost estimations, reluctance of the project officials and lack of a proper feasibility study are principally responsible for the delays in the port’s infrastructure development and the rising construction costs even as it went on to add that most of the projects linked to the port faced delays while at least one proposal on costs has been revised so far while adding that another such revised proposal was scheduled to be placed in the meeting of the Executive Committee of the National Economic Council (ECNEC) supposed to be held recently.
It may be mentioned here that the Government has decided to build the Payra Port — the construction work of the port was inaugurated by Sheikh Hasina — to ease pressure from the Chittagong and Mongla Ports.
Meanwhile, latest reports suggest that since its inception, around 106 oceangoing ships arrived at the Payra Port, generating a revenue of Taka 253 crore for the Government as of December 2020.
