Saudi Arabia’s Red Sea Gateway Terminal (RSGT) has signed a memorandum of understanding (MoU) with Bangladesh’s ministry of shipping, covering planned investment in multiple port and related infrastructure projects.
The agreement also encompasses the sharing of operational expertise for the Bangladeshi maritime sector by RSGT, which is the newest terminal in Jeddah Islamic Port.
Chittagong, the primary port of Bangladesh, handled around 3,700 vessel calls and 3m teu in 2018, with most of the cargo destined for the country’s capital city Dhaka, 265 km away.
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