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The High Court of Bangladesh has set December 4 as the date to deliver its verdict on the legality of an agreement between the Chattogram Port Authority and a foreign company regarding the operation of the New Mooring Container Terminal (NCT). The bench of Justice Fatema Najib and Justice Fatema Anwar made the announcement after concluding hearings on the rule issued earlier. The case originated from a writ petition filed by Mirza Walid Hossain, president of the Bangladesh Young Economists Forum, challenging the validity of the deal signed on July 30. During the hearing, the court had verbally instructed the government to suspend all activities related to the contract. The NCT, built in 2007 with an investment of about Tk 2,712 crore, handles a major portion of the country’s import and export containers, making the outcome of this ruling significant for Bangladesh’s port operations and trade management.
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