The operations of the Pangaon Inland Container Terminal (PICT) in Keraniganj, Dhaka, have officially begun under the management of Medlog Bangladesh Private Limited, a subsidiary of Switzerland-based logistics company Medlog. The inauguration took place on Saturday morning, led by Brigadier General (Retd.) M Sakhawat Hossain, advisor to the Ministry of Shipping. He stated that upgrading the terminal to international standards would enhance domestic container movement and strengthen multimodal transport connectivity, opening a new chapter in the country’s port management and inland water transport.

Shipping Secretary Dr. Nurunnahar Chowdhury said the 22-year concession agreement would make cargo handling at the terminal more dynamic and positively impact the national economy. The partnership between the government and the private sector is expected to play a key role in achieving set goals. The terminal, built at a cost of about Tk 155 crore, had been incurring losses for a decade before the government decided to bring it under professional private management.

Under the concession signed last November, Medlog Bangladesh will operate, maintain, and modernize the terminal in partnership with the Chittagong Port Authority.