Proposal for Construction of Jetty Facilities with Energy Hub and Bulk

Terminal in Mirarsarai Economic Zone having ocean front coast line

By the consortium
 Bangladesh is undergoing massive
industrialization with a substantial
economic growth , social changes
Introduction and heading for middle income
country. Hence, investments in
infrastructures, other development
works and innovation leads to its
growth.
Consortium Brief Sojitz Corporation (Sojitz) is a Japanese multinational, expert in trading and investment in
the power sector.

Energypac Power Generation Ltd. (EPGL) is one of Bangladesh’s leading power &
engineering company being awarded with EPC (Engineering, Procurement &
Construction) contract by BPDB for setting up two HFO (Heavy Furnace Oil) fired power
plants.

100 MW in Gopalganj & 50 MW in Faridpur - through International Bidding.

Honorable Prime Minister, Sheikh Hasina inaugurated the 108.95 MW power plant at
Gopalgonj unveiling the curtain on stone in Sheikh Kamal Stadium, Goplagonj.

Bangladesh Economic Zones Authority (BEZA) has been instituted by the Government
on November 2010 with a view to establish economic zone in all potential areas in
Bangladesh including backward and underdeveloped regions.
 Project Definition & Timeline
To develop 1026 hectare land in
Economic Zone at Bangabandhu
2019 Industrial City at Mirarsarai, Chittagong
Starting as well as developing Ocean Front
Jetty.

In 1st phase:
2020 2021 455 hectare - of which 324 hectare
Continuation Reaching initial belongs to Economic Zone & 130
visibility hectare Port Area respectively.

By 2022 the 1st Phase of Project will be

visible.
2022
Initial Visibility  
2nd phase:
572 hectare—of which 447 hectare
belongs to Economic Zone & 125
hectare Port Area respectively.

By 2025 the 2nd Phase of Project will

be completed.
Reasons for Selecting the Location
Existing Chittagong Port Disadvantages:

 Congestion in Chittagong Port hampers to enter through river.

 Limitation of space creates difficulties in bulk material handling (solid

and liquid).

 Low draft (8meter) becomes barrier to bring larger ship.

 Port expansion is not possible due to space constraint.

 Waiting time for loading/unloading is reaching around 18-20 days.

 Shipping companies are incurring about 80% damages in compared to

2015.

 Traffic congestion in Chittagong urban area takes 2-3 hours to get

cargoes in and out of the city. 
Future Port Advantages at MOFEZ: (Mirsarai
Ocean Front Economic Zone)

 River channel above 8.5 metres and will facilitate to bring bigger
vessel after dredging.

 Low investment is required to convert as medium categories of port.

 Easy handling of bulk (solid & liquid) materials.

 Possible to create Energy hub (HFO, LPG, LNG, Scraps, Aggregates,

etc.)

 Protection of port against severe cyclone through existing Super Dyke

and Internal Dyke.
Techno Economic Feasibility Report
The result of the case study (studied by CPA) shows that:

A) For 10,000 DWT vessels no restriction for ship

maneuvering even when full loading.

B) For 15,000 DWT vessels of 80% load will allow safe

maneuvering in the navigation channel.

C) For 30,000 DWT vessels of 50% load will allow safe

maneuvering in the navigation channel.
Economical Feasibility

 Demand for merchandise cargo handling

increased from 17 million tons in 2000 to
more than 145 million tons in 2017.

 Cargo Growth average 10% in the period

of 2000-2010 and 17% annually in the
period of 2011-2017 respectively.

 Chittagong Port container traffic is

projected to hit 2.7 million TEU by 2020,
4.4 million TEU by 2025, 5.1 million TEU
by 2030, and 5.4 million TEU by 2040.

 According to the Port Cargo Statistics,

goods from Chittagong Port is distributed
in the following ratio:
Dhaka 70%, Chittagong 20% and Khulna
10% where the load will be shared
through the construction of Mirarsarai
port and will enhance more trade in
future.
 Total Investment:
US $ 506 million

FINANCIAL
PLANNING
Risk Factors

External factors
 If non availability of access road and necessary
Physical factors infrastructure e.g. water, power, gas, drainage system etc.

 Current conditions of land usage  Inaccessible railway connection.

 Ecological Environment  Zone 22 and 23 will be officially acquired by the developer.

 Socio Economic Aspects  If Zone 23 is cleared by ministry of environment and

handed over to BEZA.
 Geological Conditions
 In consideration of expansion, while developing a
 Topography Container Port, construction of breakwater is required.

 In developing a deeper navigation channel, capital

dredging is required.
How to Proceed

• Securing sufficient • Implementation of detail • Cooperation of

land. study. Japanese Government
• Identifying potential • Cooperation of Bangladesh Authority (technical and
customers. Government is required to financial cooperation) is
make this project in reality. required.
Conclusion

Based on the initial feasibility study Sojitz/Energypac Consortium, MOFEZ of Zones 22 & 23 is
feasible

 Large amount of jobs will be created.

 Ongoing congestions in Chittagong and Mongla Ports will be shared to great extent.

 Mind set of businessmen from ongoing chronic problems will be relaxed.

 Japanese investors will invest in MOFEZ if container jetty is available.

 Investing in port construction at MOFEZ will enhance foreign investment as well as

achieve vision 2021; turning Bangladesh into middle income country.

 Countries such as India, Thailand and Vietnam faced similar problems, by applying the
MOFEZ concept, they became successful.
Thank You