The Daily Corporate Desk
Dhaka, 14 October 2026: Bangladesh has signed a $335.78 million loan agreement with China’s Export-Import Bank to expand and modernize Mongla Port, including the construction of two container terminals equipped with modern machinery.
According to a press release from the Economic Relations Division (ERD) of the Ministry of Finance, the loan is worth RMB 2.404 billion, equivalent to Tk 3,592.90 crore.
Under the project, the Mongla Port Authority will construct two container terminals, a container yard, a container delivery yard and a cargo handling yard. The project will also include necessary modernisation of port facilities.
The Chinese government has confirmed concessional financing at an annual interest rate of 2%, according to the agreement.
The loan will have a repayment period of 20 years, including a five-year grace period.
Alia Meher, joint secretary of the ERD, signed the agreement on behalf of the Bangladesh government, while Fengjun Tian, assistant general manager of China’s Export-Import Bank, signed on behalf of the Chinese side.
