Benapole Cargo Vehicle Terminal inaugural in June



Azizul Haque, Senior Correspondent, Barta24.com, Benapole (Jessore)
Photo: Barta24

Photo: Barta24

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To increase commercial facilities, the cargo vehicle terminal on 41 acres of land at the cost of Tk 329 crore is going to be inaugurated next June. Already 80 percent of the terminal has been completed. The port authorities say that the port users will get various facilities including parking of 2000 cargo trucks at the terminal. In this, the trade between the two countries, Bangladesh and India, will be expedited as well as the revenue collection will double.

Beanpole Port Director Rezaul Kamim said that the cargo vehicle terminal construction work started in February 2022 at a cost of Tk 329 crore on 41 acres of land at Benapole port next to Petrapol port of India.

There will be parking facilities for 2000 trucks carrying Indian goods, three modern toilet complexes for truck drivers and barack building, fire service, chemical shed and other facilities are being included.

Where port authorities will monitor commercial movements. 80 percent of the terminal has already been completed. Which will be inaugurated in June this year.

Benapole Port Import, Export Association Vice President Aminul Haque said that 90 percent of the ongoing problems at the port will be solved once the service starts at the terminal. However, the leader urged the authorities to keep a close eye on the quality of work.

International Affairs Secretary of Benapole C&F Agent Association, Sultan Mahabud Bipul said that there is about 1.6 million USD trade between India and Bangladesh every year. 80 percent of which is through Benapole port. However, due to the non-development of the port infrastructure as per the demand, the normal trade was disrupted in various ways. So the demand was to modernize the port by acquiring space which is now being implemented.

A lot of ongoing problems at the port will be solved once the service starts at the terminal, he said.

Indian truck driver Ramesh Halder said, It was a big problem with truck parking. This terminal being developed by the Bangladesh government will resolve that problem.

Secretary of Benapole C&F Staff Association Sajedur Rahman said that every year, about 50 thousand crores of import and 10 thousand crores of export trade with India are done through Benapole port. The modernization of the port will boost the trade between the two countries and double the revenue generation.

Moshiur Rahman, project engineer of the port engaged in the construction of the terminal, said that the work is progressing at a fast pace. The Ministry of Finance, Planning and Bangladesh Land Port Authority are regularly monitoring to maintain the quality of work. Besides, Kolkata Embassy officials posted in Dhaka visited the terminal and expressed their satisfaction.

   

Train accident in Gazipur: Train movement normal on one line after 3 hours



District Correspondent, Barta24.com, Gazipur
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Two trains collided head-on in the Kazibari area of Joydebpur railway junction in Gazipur, train movement has been normalized after three hours through a side line. Meanwhile, the Sirajganj Express train leaving from Dhaka left the accident area and halted at Joydevpur Junction. Shortly thereafter another intercity train left.

On Friday (May 3), Hanif Ali, Station Master of Joydevpur Railway Junction, said that an oil train collided with Tangail Commuter in Kazibari area around 10:30 this morning. It closed the outer signal from Joydevpur to Dhaka. However, 3 hours after the accident, two trains crossed on a side line. Rescue trains are coming from Dhaka to remove passenger train coaches and oil train coaches on the railway line.

Earlier, at 10:45 am, a Tangail commuter collided head-on with an oil-carrying train stopped at Kazipara area near Joydevpur Junction in the district. After this incident, Gazipur Deputy Commissioner Police, BGB and Fire Service personnel arrived at the spot.

Deputy Commissioner Abul Fate Mohammad Safiqul Islam said that a three-member investigation committee headed by Additional Deputy Commissioner has been formed to find out why the accident happened. The inquiry report has been asked to be submitted within the next two days.

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Electricity prices will increase four times a year to reduce subsidies



Staff Correspondent, Barta24.com
photo: Collected

photo: Collected

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The government will adjust electricity prices four times a year to reduce subsidies. It will be gradually extended for the next three years.

The government's power division said this in a meeting with the IMF delegation at the secretariat on Thursday (May 2).

According to the sources of the meeting, the price of fuel oil may increase again this month. It will automatically increase the price in coordination with the global market. However, if the global market decreases, it will also decrease here. A directive has been issued in this regard on Thursday.

Stating that the price of electricity is being increased mainly in the name of adjustment, experts say that the government can also adjust the subsidy by reducing the cost. The government is not focused on reducing the cost of electricity production by curbing irregularities, corruption and wastage. Rather, even if there is no demand, they are increasing the cost of this sector by building one power plant after another without bidding.

The IMF delegation also held a meeting with the Division of Energy and Mineral Resources, Petrobangla, Bangladesh Petroleum Corporation (BPC) on Thursday. According to the sources of the meeting, Petrobangla and BPC have told the IMF in almost the same way that there is no pressure for new subsidies on gas and fuel oil. The IMF said to introduce the automatic method of oil prices (increases in the international market, increases in the country, decreases if it decreases), it has been done. Fuel oil prices are adjusted every month. It will never have to subsidize fuel again. In the first two rounds, the prices were slightly reduced, but in the last round, the prices increased. This is being practiced for three months.

In this regard, the State Minister for Power Nasrul Hamid said that this year the price of electricity will be adjusted several more times. This will continue for the next three years. However, in which month the adjustment will be made is yet to be decided.

Regarding the price of fuel oil, he said, adjustment will be made from the first week of March. But it seems to me that even if the adjustment is made, the price of fuel oil will not increase much. But if it changes it will depend on the global market.

It is known that since the Awami League government came to power in 2009, the price of electricity has increased 13 times.

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Exports of goods fell by 4 crore dollars in April



Staff Correspondent, Barta24.com
photo: Collected

photo: Collected

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In last April, the income from the export of goods from the country was 3 thousand 916.99 million US dollars. This export is 0.99 percent less than the same period last year.

This information is learned from the updated statistics published by the Export Promotion Bureau (EPB).

The Ministry of Commerce set an export target of 471 dollars in April, falling short by 16.78 percent.

In the first 10 months of the current fiscal year 2023-24, there has been an increase of 3.93 percent in the export of goods compared to the same period of the previous year, during which the total export value was 4 thousand 747 million dollars. It was Tk. 4,568 crore during the same period last year, which was 6.87 percent less than the target of 5,970 crore dollars.

Export-oriented industry experts said that during Eid-ul-Fitr, the factories received less work orders. The number of export shipments also decreased due to prolonged holidays. Due to this, the export of goods is going down, but the businessmen mentioned it as a normal phenomenon in Bangladesh.

Now the duty-free market facility in commodity exports is helping to keep Bangladesh competitive. However, in 2026, if it leaves the list of least developed countries (LDC) and becomes a developing country, that advantage will no longer exist. According to the joint declaration of the 13th Ministerial Conference of the World Trade Organization (WTO), the concerned countries will enjoy tariff-free market facilities for three years even after transition from LDCs. This facility will be determined on the basis of negotiation between the importing and exporting countries.

Economists said that the facilities we get as LDCs will not exist in the future. Then new strategies or initiatives will be needed to increase exports. Diversification of goods and services and increased investment are needed to increase domestic export capacity. On the other hand, the political consent of the government will be needed to enter into trade agreements with various countries.

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Ten people killed by lightning across the country



Desk report, Barta24.com, Dhaka
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Ten people were killed by lightning strikes in different parts of the country during the relief rains after intense heat. Among them, four died in Cumilla, three in Rangamati, two in Cox's Bazar and one in Khagrachari.

This incident happened on Thursday (May 2) morning and afternoon.

Farmer Daultur Rahman (47) son of Sundar Ali of Kismat-Srimantapur area of Barkit union of Chandina upazila of Cumilla, Alam Hossain son of Kuddus Mia of Panchora area of Rajapur union of Burichong upazila, Mokhleshur Rahman of Dhamati area of Debidwar upazila and Atiqul Islam of Suryapur village of Goliara union of Sadar Dakshin upazila killed by lightning.

Nazir Hossain (50), a resident of Siletipara area of Rangamati Sadar Upazila, Hill District, Baharjan Begum (55), wife of Lal Mia, Muslim Block village, Rupakari Union, Ward No. 7, Baghaichhari Upazila, and Tanibala Tripura (25), sister of Mithun Tripura, a shopkeeper, Betling Mouja, Luinthian Para, Ward No. 7, Sajek Union death occurs

Didarul Islam (35) son of Zamir of Jarulbunia area of Shilkhali Union of Pekua Upazila of Cox's Bazar and son of Jamal of Charipara area of Rajakhali Union. Armaan (25) died due to lightning.

A schoolboy named Yasin Arafat (13) was killed by lightning while picking mangoes in the gusty wind at Matiranga of Khagrachari.

Matiranga Upazila Nirbahi Officer Daisy Chakraborty said that a school student died in the morning due to lightning. She said that initiatives have been taken to help the family of the deceased.

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