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Sunday, March 20, 2011

Singaporean Company to Invest USD 750 Million in Mongla Port Development

Dredging Today, 20 Mar 2011A Singaporean company has proposed to invest $750 million to develop the Mongla port with a view to raising the utilisation of the port’s capacity, officials said Wednesday.Port Evolution Management Limited (Port-Evo), an agent of Singaporean port consultancy firm, David Wignall Associates, has submitted a proposal in this regard to the Ministry of Shipping recently.