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India Planning to Connect Bangladesh’s Matarbari Port to Northeastern States

Context: India Considering Proposals to Connect Bangladesh’s Matarbari Port to Northeastern States.

About the Matarbari Port

Matarbari Port

  • Matarbari port would be Bangladesh’s first deep-sea port capable of hosting large vessels.
  • Objective: To strengthen the port’s cargo-handling capacity and to facilitate logistics operations with neighbouring countries.
  • Funding: Japan International Cooperation Agency (JICA), granted a $750 million loan to the Bangladesh government for the Matarbari development.
  • Operations: The Matarbari port is set to start operations in 2027.
  • Significance: 
    • Enhance exports to Southeast Asia and other Asian markets, improving cargo handling capabilities for international trade.
    • Ease the burden on crowded ports like Chittagong.

What is the Significance of the Development of the Matarbari Port?

  • Matarbari Port Boosts Economic Ties: The Matarbari port is expected to enhance economic ties and open up development prospects for India’s northeastern states, including Tripura. 
  • Strategic Northeast Development Plans: Japan, Bangladesh, and India are strategically working to draw manufacturing to the Northeast. 
    • This joint effort aims to establish a robust industrial value chain in South Asia, focusing on exports to the Indo-Pacific markets.

Ports in India

  • Ports in India are classified as Major and Minor Ports according to the jurisdiction of the Central and State government as defined under the Indian Ports Act, 1908.
  • Major Ports are owned and managed by the Central Government and Minor ports are owned and managed by the State Governments. 
  • The Major Port Authorities Act, 2021 provides for regulation, operation and planning of major ports in India.
  • India has 12 major ports: Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port.
    • 13th Major Port (under construction) is Vadhavan Port, Maharashtra. 

What are Deep Sea Ports?

  • Deep sea ports are ports that are capable of handling large ocean-going vessels, including container ships, bulk carriers, and oil tankers. 
  • These ports are strategically located along coastlines to facilitate international trade and transportation.

Must Read: Global Maritime India Summit 2023

News Source: Livemint

 

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
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Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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