Dhaka's Pangaon Terminal Management Goes to Switzerland's Medlog

Switzerland-based Medlog will operate and manage the Pangaon Internal Container Terminal (PITC), situated on the banks of the Buriganga River near Dhaka in Keraniganj, for 22 years as the Chittagong Port Authority (CPA) has signed a concession agreement with the prominent global institution in internal logistics on Monday. 

According to a press release, the signing ceremony was completed at the InterContinental Dhaka. Adviser to the Ministry of Shipping Brigadier General (Retd) Dr M Sakhawat Hussain attended the event as the chief guest.

Rear Admiral SM Moniruzzaman, Chairman of the CPA and ATM Anisul Millat, Managing Director of Medlog Bangladesh Private Limited, signed the contract on behalf of their respective organizations.  

The Adviser said that the contract initiates a new chapter in the development of Bangladesh’s logistics and trade infrastructure.

Medlog SA, operating through its local entity, Medlog Bangladesh Private Limited, will supervise the operations, supply chain, and automation of the terminal.  

He also said that the main beneficiaries of this investment would be the future generation who are dreaming of a new Bangladesh. 
 
The objective is to utilize Medlog’s global expertise and implement strategic plans to achieve sustainable growth, aiming to position Bangladesh as the top country in the region for internal logistics. 

To support increasing regional trade, Medlog is set to enhance the terminal’s facilities and increase its annual handling capacity to 160,000 TEUs. 

A key focus of the agreement is strengthening multimodal connectivity. Medlog will charter internal barges to link Pangaon with other river ports and seaports.  

While barges will handle large-scale cargo, trucks, covered vans, and reefer vehicles will establish additional supply channels throughout the region. 
 
This improved intermodal transport system is expected to reduce uncertainties related to internal cargo movement and ensure reliable lead times.