Shipping Minister Shaikh Rabiul Alam has said that the government will decide on leasing the New Mooring Container Terminal (NCT) at Chattogram Port only after ensuring that national interests are fully protected.

Speaking to reporters at NCT jetty on Sunday, he said the proposal involving DP World to operate container handling services has “significant positive potential,” but also includes challenges that require careful evaluation.

The minister noted that any major change in port operations would have mixed impacts. “Some stakeholders may face losses while others may gain opportunities. We are examining all aspects carefully,” he said.

He also acknowledged recent labour unrest linked to the proposal, saying workers have valid concerns regarding job security and rights.

“We are considering their concerns. At the same time, broader national interest must be ensured,” he added, urging flexibility if long-term economic gains are achieved.

Placing the issue in a regional context, he said neighbouring countries such as Vietnam, Sri Lanka and India are offering incentives to attract port investment. Bangladesh, he added, must remain competitive to fully utilise its economic potential.

The minister said several operational models; including open tender, government-to-government (G2G) agreements and public-private partnerships (PPP), are under consideration.

He added that if negotiations under one framework do not protect national interests, alternatives will be explored.

He stressed that the government aims to reach a decision soon, with ongoing discussions focusing on key concerns. “We are accountable to the people. National interest will always come first,” he said.

Referring to allegations of irregularities in past port-related projects, he said investigations are underway and any misuse of public funds will be addressed with appropriate legal action.

Highlighting the importance of Chattogram Port, he said it handles around 92 percent of Bangladesh’s trade, while about 40 percent of containers leave the port empty, indicating untapped export opportunities.

He added that expanding capacity through new terminals is essential to enhance efficiency and boost trade competitiveness.

“Our objective is to maximise port utilisation while safeguarding national economic priorities,” the minister said.