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PAYRA PORT

PAYRA SEA PORT – A NEW ERA OF POSSIBILITIES

Introduction                                   

Payra Port is the 3rd sea port of Bangladesh located in areas between latitudes 21015’-22000’ North and longitudes 90000’-90030’ East, on the bank of Rabnabad Channel under Kalapara, a sub-district of Patuakhali. Honorable Prime minister of Bangladesh has inaugurated the operational activities in limited scale on 13th August 2016, with minimum essential logistics supports. Since September 2019 the coal and other cargo carrying ships have been calling the port regularly. The government of the People’s Republic of Bangladesh has formulated short, medium and long term plans to develop Payra Port as a modern sea port. By 2023, Payra is expected to be a fully operational sea port through completion of capital dredging project as part of mid-term plan. Meanwhile, the master plan of the port has been prepared by Netherland-based consulting company Royal HaskoningDHV and it is expected that the port will emerge as a vibrant world class sea port in near future. With the following unique features, Payra Port can offer tremendous potential benefits for the potential users and investors:

  1. Deeper access channel than other competing ports of the country.
  2. Shortest and deepest (5m all along) river route connectivity with the capital Dhaka and beyond.
  3. Hassle-free berthing with no congestion or waiting time.
  4. Least logistics cost for the business people.
  5. 24/7 Operations with zero downtime.
  6. Good road connectivity with rail connections coming up.

The port is carrying out Capital and Maintenance Dredging of Rabnabad channel by world class dredging company Jan de Nul, which will deepen the channel to -10.5m CD, making the port the deepest in the country. As a result, ships of PANAMAX size will be able to enter the port.

Website : https://ppa.gov.bd/

Payra Port is a deep-sea port located in Patuakhali, Bangladesh. It’s one of the country’s key maritime gateways, aimed at boosting trade and economic growth. The port is strategically positioned to facilitate international trade, especially with Southeast Asia and the Middle East.

More details about Payra Port:

  • Location: Payra Port is situated in Kalapara, Patuakhali, Bangladesh, on the Rabnabad Channel near the Bay of Bengal.
  • Inauguration: The port was officially inaugurated on August 13, 2016.
  • Ownership: It is managed by the Payra Port Authority.
  • Infrastructure: The port features three piers and a draft depth of 10.5 meters, depending on tidal height.
  • Size: The port covers an area of 6,562 acres (26 square kilometers).
  • Development Plans: The port is undergoing several development phases, including capital dredging by Jan De Nul, a Belgian dredging company. The port aims to be fully operational by 2030 with a 16-meter channel and multiple terminals.
  • Economic Impact: Payra Port is expected to significantly boost trade and economic activities in the region, providing a vital link for international trade, especially with Southeast Asia and the Middle East.

Development Plans

  • Capital Dredging: The port is undergoing capital dredging by Jan De Nul, a Belgian dredging company, to deepen the Rabnabad Channel to 10.5 meters. This will allow larger vessels to dock at the port1.
  • Infrastructure Projects: Several infrastructure projects are underway, including the construction of a container terminal, bulk terminal, multipurpose terminal, passenger terminal, water treatment facility, power plant, modern city, and airport.
  • Phased Development: The development of Payra Port is being carried out in phases, with the goal of making it a fully operational modern seaport by 2023 and a thriving economic hub by 2035.
  • Economic Zones: The establishment of Export Processing Zones (EPZs) and Special Economic Zones (SEZs) near the port aims to attract foreign investment and promote industrial growth.

Economic Impact

  • GDP Growth: The full-scale operation of Payra Port is estimated to contribute a 2% increase to Bangladesh’s GDP.
  • Employment Generation: The port project is expected to create numerous job opportunities in various sectors, including ship-building, logistics, and industrial activities.
  • Trade Facilitation: Payra Port will significantly enhance Bangladesh’s trade capabilities, providing a vital link for international trade, especially with Southeast Asia and the Middle East.
  • Regional Connectivity: The port’s strategic location near the India-Bangladesh border makes it a key player in regional trade and integration initiatives.

Future Prospects

  • World-Class Port: The port aims to become a world-class facility, offering hassle-free berthing, 24/7 operations, and minimal logistics costs.
  • Sustainable Development: Efforts are being made to ensure sustainable development, including the use of renewable energy sources and waste management systems.
  • Regional Hub: Payra Port has the potential to become a major hub for regional trade, benefiting from its proximity to the Bay of Bengal and its deep-water capabilities.

Payra Port is poised to play a crucial role in Bangladesh’s economic development, enhancing trade, creating jobs, and fostering regional connectivity. Its continuous development and modernization efforts underscore its importance in the national and regional economic landscape.

This explosive growth in trade offers great opportunities for potential investors to invest in the next economic hub, Payra Sea Port, specifically in building the following infrastructures:

  1. Container Terminal-1.
  2. Container Terminal-2.
  3. LNG/Liquid Bulk Terminal.
  4. Port’s Industrial Zones/Factories.

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