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US interested in development plans for Chittagong Port

by Maritimegateway
December 16, 2020
in News, Asia, Cargo News, Container Cargo, Container Terminals, EXIM & International Trade, Freight Forwarding, Logistics, Port & Terminal Equipment, Ports & Terminals, Supply Chain, Transport & Multimodal
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US companies are ready to provide expertise and systems, including those to reduce congestion and boost efficiency, says Chargé d’Affaires at the US Embassy in Dhaka JoAnne Wagner

Chargé d’Affaires at US Embassy in Dhaka JoAnne Wagner has said that his country is interested in the development plans for the Chittagong Port due to its role as gatekeeper for Bangladesh’s export economy.

Wagner conveyed it to Chittagong Port Authority Chairman Rear Admiral SM Abul Kalam Azad.

During the meeting, Wagner said the US Trade and Development Agency is eager to support infrastructure projects in high-growth emerging markets such as Bangladesh with feasibility studies, technical assistance, and pilot projects.

“US companies are ready to provide expertise and systems, including those to reduce congestion and boost efficiency,” she added.

Wagner and his colleagues visited Chittagong Sunday and Monday to support the robust economic partnership between Bangladesh and the US, said the US Embassy.

Wagner discussed expansion plans for Chittagong Port, including opportunities for participation by US companies; engaged with female entrepreneurs pursuing successful businesses and overcoming gender discrimination; and explored further opportunities with the operators of Pahartali Textile and Hosiery Mills for using US-grown cotton.

Successfully operating any business is difficult, even more so when faced with additional challenges due to the operator’s gender, members of the Chittagong Women Chamber of Commerce and Industry told the US diplomat during a roundtable discussion.

The entrepreneurs shared methods they use to overcome discrimination and promote and grow their businesses.

They noted the growing contribution women business owners and operators make to the Bangladesh economy.

“I was impressed by the innovative and committed women of the Chittagong Women Chamber of Commerce and encouraged by the example they set for so many aspiring female entrepreneurs,” said Wagner.

The US said it is committed to partnering with Bangladesh to promote inclusive economic prosperity and help create the conditions to encourage economic growth by traditionally underrepresented groups, including women.

Pahartali Textile and Hosiery Mills, a unit of Ispahani Limited, is one of the pioneer textile mills of Bangladesh.

With Mirza Salman Ispahani, chairman of Ispahani Limited, Wagner discussed further opportunities for using US-grown cotton to produce yarns for the knit and woven industries in Bangladesh.

She noted the mill demonstrates how quality imports from the US can support the export economy of Bangladesh.

Source: Dhaka Tribune

Tags: Bangladesh tradechittagong PortexportsPort congestion

Maritimegateway

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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