Bangladesh’s external trade is growing on average at 9.2% per annum and by 2020, country’s total annual sea borne trade will be in the range of 75 to 80 million tones and 2.75 million twenty-foot equivalent unit (TEU) containers. These volumes are beyond the capacity of the country’s existing sea ports at Chittagong and Mongla. Given these constraints, the Government of Bangladesh (GoB) has determined that the Radnabad Channel at Patuakhali District is a naturally suitable place for constructing a seaport. This site is named Payra Port. Considering the handling of future trade volume and export/import growth, GoB has decided to build a new seaport and an Act was passed on National Parliament on 5 Nov 2013. Honorable Prime Minister inaugurated the 3rd seaport on 19 Nov 2013. The Payra Port Authority (PPA) is providing the fund to finance the consulting services for construction supervision and project management of 4-lane Rajapara-Payra Port Connecting Road.
