If interim govt lacks authority, country's dev will be hindered
The interim government's initiative to hand over the management of one of Chattogram Port’s nine terminals to a foreign company is drawing heavy criticism. During a recent visit to Chattogram, Chief Adviser Professor Dr Muhammad Yunus remarked that since Chattogram Port lags behind global standards, its management should be entrusted to one of the world’s top companies—and the public must be made to understand the necessity of this move. The government has already selected a foreign firm: DP World, a state-owned company from the UAE. Dr Yunus has met its CEO twice, both at home and abroad. The company’s proposed responsibilities include easing port congestion, reducing carbon emissions, and increasing efficiency at Bangladesh’s primary maritime gateway.