Ctg Port Must Be World-Class to Boost Economy: CA Yunus

Chief Adviser Professor Muhammad Yunus on Wednesday underscored the urgent need to transform Chattogram Port into a world-class facility, calling it the "beating heart" of Bangladesh’s economy.

“Bangladesh cannot aspire to be an economic powerhouse without turning Chattogram Port into a seaport of international standards,” Prof Yunus said while addressing a gathering at the New Mooring Container Terminal (NCT-5).

As part of his visit to his home district, he also laid the foundation stone for the long-awaited Kalurghat Bridge over the Karnaphuli River, describing the event as the beginning of a “new journey” for southern Chattogram.
A Vision for the Port's Future

Highlighting the port's strategic importance, Prof Yunus said, “The global economy has advanced significantly, but we’re still lagging. Chattogram Port needs modernisation at a much faster pace.”

He announced that the government has initiated talks with leading international port management companies to bring global expertise into Chattogram.

“These firms were approached before, but progress was minimal. We’re committed to seeing it through this time,” he said. “It’s time to act boldly, because without a strong heart, no body can thrive — and for Bangladesh, Chattogram Port is that heart.”

The Chief Adviser emphasized regional connectivity as well, noting that linking Nepal and India’s northeastern states (the "Seven Sisters") through Chattogram could open up enormous trade opportunities. “Those who connect will benefit. Those who don’t will be left behind,” he warned.
Port Modernisation to Attract Investment

Shipping Adviser Brigadier General (Retd) Dr. M Sakhawat Hussain lauded Prof Yunus’s vision and said multiple terminals are in the pipeline to reduce container congestion. “You will see noticeable changes within six months,” he said confidently.

Rear Admiral SM Moniruzzaman, Chairman of the Chittagong Port Authority, also stressed the urgency of modernisation. “We handle 92% of the country’s foreign trade, but the port’s current limitations cost us nearly 1 million in daily losses due to ship size restrictions,” he said, referencing a World Bank study.
Historic Day for Chattogram

After visiting the port, Prof Yunus proceeded to Chattogram Circuit House to inaugurate the Kalurghat Bridge project, expected to be completed within three years. The bridge will significantly improve access for residents of Boalkhali and Patiya upazilas.

“This is a historic bridge,” he said. “I’m happy to see it finally taking shape.”

He also received briefings on key urban challenges, including traffic congestion and waterlogging, and later handed over land documents for the Chattogram National Heart Foundation.
A Homecoming Full of Significance

Prof Yunus’s visit marks his first to Chattogram since taking office. He arrived at Shah Amanat International Airport at 9:22 a.m. and began a packed day of engagements.

In a symbolic return to his academic roots, he will serve as the chief guest at Chittagong University’s (CU) fifth convocation, where he will also be conferred an honorary Doctor of Letters (D Litt) degree. A former faculty member of the Economics Department and a Nobel Laureate, Prof Yunus’s return is being celebrated as a historic occasion.

The convocation, the largest in CU’s history, will award degrees to 22,586 students. A massive 150,000-square-foot pavilion has been set up on the north campus field, with live coverage provided across five campus locations.

“This is a landmark event. Our students have waited almost a decade for this celebration,” said CU Vice Chancellor Professor Dr Yeahia Akhter.
Closing Thoughts

Prof Yunus wrapped up the day with a visit to his ancestral home in Bathua village of Hathazari upazila, bringing a personal note to a day marked by major national and regional development announcements.

“This port shaped my childhood dreams. Now I want it to shape the future of our country,” he said.