Bangladesh appoints IFC as transaction advisor to build Laldia container terminal

To build a new container terminal in Chittagong’s Laldiar Char, the Bangladesh government appointed the International Finance Corporation (IFC) as transaction advisor to study, design and negotiate with foreign companies.

The terminal will have a quay length of 450 meters and a water depth of 10.5 meters where vessels up to 9.5 meters will be able to take berth.

The terminal will be built under government to government (G to G) arrangement and APM Terminals, a Maersk Group subsidiary, proposed...

https://container-news.com/bangladesh-appoints-ifc-as-transaction-advisor-to-build-laldia-container-terminal/

IFC likely to sanction loan for Visakha terminal expansion

The International Finance Corporation (IFC), the private arm of the World Bank, along with a consortium of banks, is considering sanctioning loan to fund the expansion of the container terminal being operated by the Visakhapatnam Port Trust (VPT) through the Visakha Container Terminal Pvt. Ltd.

Diligence study

Talks have reached an advanced stage, with the IFC involving the ICICI to proceed further and explore the sanction of the loan sought by the VCTPL. At present, the due diligence study is...

https://container-news.com/ifc-sanction-loan-visakha-terminal-expansion/

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