Asian Development Bank (ADB) has suggested operating Chittagong port based on a 'landlord' concept in order to utilise the port facilities more efficiently, the Financial Express reported.
'Landlord' concept means that all port services will be managed by private firms but the infrastructure will either belong to the port authority itself or leased to any other organisation. In that case, the port authority, as owner, will receive only levies paid by the private firms. This is the most popular model in the world.
It will have direct control of all navigational matters in addition to the implementation of port health and safety, security and environmental issues.
The ADB report said the Chittagong Port Authority (CPA) would be responsible for the maintenance of good relationships with all those engaged in shipping business under the concept.
It was alleged that in recent months the Chittagong port's efficiency has declined significantly from the condition that prevailed during the caretaker government due to intervention of local politicians and labour leaders.
The manila-based lender, ADB, said the working situation in the port that existed in the port before January 2007 and the fundamental reasons that promoted that situation, must not be allowed to return. |
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Source: cargonewsasia
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