Govt signs MoU with Belgium to develop Payra port

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Dhaka, May 25: The government on Wednesday signed memorandum of understanding (MoU) with a Belgium based company Jan De Nul for capital and maintenance dredging of Payra seaport.

The MoU signed at the residence of shipping minister Shajahan Khan in the city.

Acting chairman of Payra Seaport Authority captain Saidur Rahman and country representative of Jan De Nul Dany D Heart signed the MoU on behalf of their respective organizations in the presence of shipping minister.MoU

Among others, acting secretary of shipping ministry Ashok Madhab Roy, additional secretary Rafiqul Islam and other high officials were present during the signing ceremony.

“It is one of the important fast track projects of the government. The country’s major portion economic development is depending on the development of this seaport,” Shajahan Khan said after the signing ceremony.