MSC Secures Major Inland Terminal Concession in Bangladesh
MSC, the Swiss container shipping leader, has taken a significant step to reinforce Bangladesh’s inland logistics network by securing a concession to operate the Pangaon Inland Container Terminal (PICT). The agreement marks one of the largest inland infrastructure commitments ever made by a global carrier in the country.
The deal was signed by Medlog, MSC’s rapidly expanding inland logistics division, which will assume responsibility for the operation, supply and automation of PICT. Located along the Buriganga River near Dhaka and close to the Dhaka–Mawa–Bhanga Expressway, the terminal is set to reduce pressure on the country’s congested road network by shifting more cargo onto inland waterway transport and strengthening links between the capital, river ports and major seaports.
MSC CEO Soren Toft noted that the investment reflects the group’s confidence in Bangladesh’s future as a regional trade hub. He stated, “Our investment in the Pangaon Inland Container Terminal demonstrates our strong belief that Bangladesh can become one of South Asia’s key gateways for regional and international commerce.”
Under the concession, Medlog will enhance the terminal’s infrastructure, expand its facilities and introduce new technologies designed to increase efficiency and reduce operational bottlenecks. Once upgraded, PICT is expected to handle around 160,000 teu annually. Medlog will also charter barges from the terminal to improve river connectivity between Pangaon, other inland terminals and coastal ports.
Salvatore Prudente, Executive Director at Medlog, emphasized the company’s commitment to shifting more domestic cargo to waterways in order to reduce emissions and support Bangladesh’s industrial growth. “By investing in dedicated river terminals, barge services and multimodal infrastructure, we aim to cut carbon emissions, alleviate urban congestion and support the long-term expansion of our customers,” he said.
This development follows a rise in foreign investment in Bangladesh’s port and logistics sector. Earlier this year, APM Terminals, the port operating arm of Maersk, signed a $550 million agreement for a 30-year concession to build and operate the Laldia Container Terminal in Chattogram. Expected to open in 2030, the new terminal will add more than 800,000 teu of annual capacity and eventually allow Chattogram to host vessels of up to 6,000 teu, more than double its current limit.
MSC, the Swiss container shipping leader, has taken a significant step to reinforce Bangladesh’s inland logistics network by securing a concession to operate the Pangaon Inland Container Terminal (PICT). The agreement marks one of the largest inland infrastructure commitments ever made by a global carrier in the country.
The deal was signed by Medlog, MSC’s rapidly expanding inland logistics division, which will assume responsibility for the operation, supply and automation of PICT. Located along the Buriganga River near Dhaka and close to the Dhaka–Mawa–Bhanga Expressway, the terminal is set to reduce pressure on the country’s congested road network by shifting more cargo onto inland waterway transport and strengthening links between the capital, river ports and major seaports.
MSC CEO Soren Toft noted that the investment reflects the group’s confidence in Bangladesh’s future as a regional trade hub. He stated, “Our investment in the Pangaon Inland Container Terminal demonstrates our strong belief that Bangladesh can become one of South Asia’s key gateways for regional and international commerce.”
Under the concession, Medlog will enhance the terminal’s infrastructure, expand its facilities and introduce new technologies designed to increase efficiency and reduce operational bottlenecks. Once upgraded, PICT is expected to handle around 160,000 teu annually. Medlog will also charter barges from the terminal to improve river connectivity between Pangaon, other inland terminals and coastal ports.
Salvatore Prudente, Executive Director at Medlog, emphasized the company’s commitment to shifting more domestic cargo to waterways in order to reduce emissions and support Bangladesh’s industrial growth. “By investing in dedicated river terminals, barge services and multimodal infrastructure, we aim to cut carbon emissions, alleviate urban congestion and support the long-term expansion of our customers,” he said.
Moving The Sea With Us!
Contact us today: +351 265 544 370 or go to Contacts Page
Email: sales@partyard.eu
#PartYard #PartYardMarine #MovingTheSeaWithUs #MSC #Medlog #Bangladesh #PICT #InlandTerminal #LogisticsInfrastructure #ContainerShipping #MaritimeLogistics #SupplyChain #InlandWaterways #Dhaka #BurigangaRiver #SustainableTransport #PortDevelopment #APMTerminals #Chattogram #LaldiaTerminal #GlobalTrade #ShippingIndustry
