BusinessPhoto: Firstpost WorldBangladesh Signs $336 Million China Loan to Modernise Mongla Port
Bangladesh has signed a $335.78 million concessional loan agreement with China to expand and modernise Mongla Port, located about 80 km from the Indian border. The funding will support building two container terminals and cargo-handling yards, enhancing the port's capacity. The loan from China's Export-Import Bank carries a 2% interest rate, a 20-year repayment period, and a five-year grace period.
Firstpost World·




