BusinessPhoto: Prabhat KhabarChina Finances $335.78M Expansion of Bangladesh's Mongla Port
On October 10, 2026, Bangladesh and China signed a $335.78 million concessional loan agreement for the expansion and modernization of Mongla Port. The loan, provided by China's Export-Import Bank, carries a 2% interest rate, 20-year repayment, and 5-year grace period. The funds will develop container terminals, yards, and cargo handling to boost Bangladesh's maritime trade capacity. Strategically located near India, Mongla is Bangladesh's second-largest port, enhancing regional trade connectivity.
Prabhat Khabar··Mongla



