Business & Economy
Bangladesh signs $335.78 million Chinese loan for Mongla expansion
Bangladesh has signed a $335.78 million concessional loan with China Exim Bank for Mongla Port’s expansion. The financing covers two container terminals and cargo yards. Terms include 2% interest and repayment over 20 years, including a five-year grace period.
এই খবরটি আপাতত ইংরেজিতে পড়ুন
From 13 October 2026 — Daily Brief
Bangladesh has signed a $335.78 million loan agreement with China’s Export-Import Bank to expand and modernise Mongla Port, the Economic Relations Division announced.
The agreement was signed on 10 October and disclosed in reporting on 12 October. The financing is denominated at RMB2.404 billion, equivalent to around Tk3,593 crore in the government’s announcement.
Mongla Port Authority will implement the project under the Shipping Ministry. Planned works include two container terminals with modern machinery, a container yard, a delivery yard and a cargo-handling yard.
The loan carries a concessional interest rate of 2% and a 20-year repayment period, including five years of grace, according to the official release.
The financing agreement is a concrete step towards expanding port facilities. It is not evidence that the terminals have been built or that the full loan has been disbursed. The announcement did not specify a completion date for the new facilities.