Land ports record steady rise in revenue earnings

The land ports run by the Bangladesh Land Port Authority (BLPA) generated revenue worth Tk 89.09 crore in FY2016-17, up from Tk 64.05 crore the year before.

According to the BLPA, this growth has been largely possible due to the increase in the trade volume with neighbouring countries. It has happened because of improvements in capacity and efficiency over the last three years.

According to BLPA data, it earned Tk 64.05 crore in FY 2015/16, and Tk 51.59 crore in FY 2014/15.

“The BLPA-run land ports are providing good services and have developed the necessary infrastructure. Exporters and importers are getting timely services from the ports,” said BLPA chairman Tapan Kumar Chakrabarty.

Over the last three years, the revenue of the five BLPA-run land ports has increased significantly as the import and export volume has increased, he added.

The BLPA runs the land ports of Benapole, Bhomra, Burimari, Nakugaon and Akhaura.

Among the BPLA-run land ports, the highest revenue has come from Benapole (Tk 109.15 crore) in the last three years, followed by Burimari (Tk 51.41 crore) and Bhomra (Tk 49.19 crore).

The revenue earnings from the country’s 23 other land ports have maintained a steady rise too in FY2016/17. These ports earned Tk 100 crore, up by Tk 17 crore or 20.44 per cent from Tk 83 crore in FY2015/16.

Chakrabarty told The Independent that the development of the infrastructure of two more land ports and the expansion of Benapole and Bhomra ports are progressing fast with financial assistance from the World Bank (WB).

He said the BPLA built a modernised passenger shed at Benapole, and the capacity and efficiency of the other ports are being improved. Export and import through the land ports will increase when the development programmes are completed, he added.

Chakrabarty said that in FY 2016/17, the land ports handled 2,427,910 tonnes of goods in all. Of that, 2,148,960 tonnes were in import and 278,950 tonnes were in export.

He expressed optimism that the land ports would be able to handle over 1 crore tonnes of export and import in FY18.

According to the BLPA, 88 per cent of the total revenue comes from the three land ports of Benapole, Burimari, and Bhomra.

Akhaura, which mainly deals with export goods, earned Tk 6.36 crore in FY 2016/17, Tk 3.14 crore in FY 2015/16 and Tk 2.45 crore in FY 2014/15. Nakugaon earned Tk 68 lakh in FY 2016/17 and Tk 57 lakh in FY 2015/16.

The BLPA chairman said Bangladesh would earn more in the future as the national economy develops. The BLPA is developing the infrastructure of the ports as well as increasing their capacity and efficiency, he noted.

“We plan to introduce automated services to reduce the loading and unloading time and the hassles of red tape,” he added.

Land ports record steady rise in revenue earnings

The land ports run by the Bangladesh Land Port Authority (BLPA) generated revenue worth Tk 89.09 crore in FY2016-17, up from Tk 64.05 crore the year before. According to the BLPA, this growth has been largely possible due to the increase in the trade volume with neighbouring countries. It has happened because of improvements in capacity and efficiency over the last three years. According to BLPA data, it earned Tk 64.05 crore in FY 2015/16, and Tk 51.59 crore in FY 2014/15. The BLPA-run land ports are providing good services and have developed the necessary infrastructure. Exporters and importers are getting timely services from the ports, said BLPA chairman Tapan Kumar Chakrabarty. Over the last three years, the revenue of the five BLPA-run land ports has increased significantly as the import and export volume has increased, he added. The BLPA runs the land ports of Benapole, Bhomra, Burimari, Nakugaon and Akhaura. Among the BPLA-run land ports, the highest revenue has come from Benapole (Tk 109.15 crore) in the last three years, followed by Burimari (Tk 51.41 crore) and Bhomra (Tk 49.19 crore). The revenue earnings from the countrys 23 other land ports have maintained a steady rise too in FY2016/17. These ports earned Tk 100 crore, up by Tk 17 crore or 20.44 per cent from Tk 83 crore in FY2015/16. Chakrabarty told The Independent that the development of the infrastructure of two more land ports and the expansion of Benapole and Bhomra ports are progressing fast with financial assistance from the World Bank (WB). He said the BPLA built a modernised passenger shed at Benapole, and the capacity and efficiency of the other ports are being improved. Export and import through the land ports will increase when the development programmes are completed, he added. Chakrabarty said that in FY 2016/17, the land ports handled 2,427,910 tonnes of goods in all. Of that, 2,148,960 tonnes were in import and 278,950 tonnes were in export. He expressed optimism that the land ports would be able to handle over 1 crore tonnes of export and import in FY18. According to the BLPA, 88 per cent of the total revenue comes from the three land ports of Benapole, Burimari, and Bhomra. Akhaura, which mainly deals with export goods, earned Tk 6.36 crore in FY 2016/17, Tk 3.14 crore in FY 2015/16 and Tk 2.45 crore in FY 2014/15. Nakugaon earned Tk 68 lakh in FY 2016/17 and Tk 57 lakh in FY 2015/16. The BLPA chairman said Bangladesh would earn more in the future as the national economy develops. The BLPA is developing the infrastructure of the ports as well as increasing their capacity and efficiency, he noted. We plan to introduce automated services to reduce the loading and unloading time and the hassles of red tape, he added.