Chittagong Port Authority is developing the common marine infrastructure for Bay Terminal with World Bank financing. The public design baseline combines a 6-kilometre offshore breakwater, dredging for a 6.6-kilometre access route, port basin and entrance works, navigation aids and VTMS integration. The latest World Bank implementation report says the financing is effective and key studies are nearing completion, but physical works have not commenced.
Project signal
Design in Bangladesh
Treat Bay Terminal as a financed project in design, not as an awarded US$827 million marine contract or an active construction site. The breakwater and dredging package structure is still being tested, while the separate PPP process for container-terminal development cannot start its RFP until the feasibility study and transaction-structure report are approved.
Current statusIDA financing effective since 8 December 2025; marine studies are nearing completion, but works and the terminal-operator RFP have not startedSource confidenceConfirmed
Location
Bangladesh / Asia Pacific
Segment
Port infrastructure
Status
IDA financing effective since 8 December 2025; marine studies are nearing completion, but works and the terminal-operator RFP have not started / Confirmed
Evidence reviewed
19 July 2026
Controlled taxonomy
Related sectors
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Knowledge context
Related knowledge topics
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Project anatomy
Scope, counterparties, and execution logic
Client / authority
Chittagong Port Authority (CPA), Government of Bangladesh
Delivery parties
No marine works contractor identified in reviewed official sources, Transaction adviser engaged for the separate terminal-operator PPP
Contract route
IDA-financed international competitive procurement using World Bank documents and rated criteria. The 2024 procurement strategy groups breakwater construction and capital dredging in a preliminary US$827 million line, but says the scope is likely to be split after market survey and PPSD finalisation. A separate PPP route will recruit international terminal operator(s).
Execution window
World Bank financing closes on 30 June 2031; package tender, award, mobilisation and construction dates remain unconfirmed
Works package
A 6 km rubble-mound breakwater on the offshore sandbar, dredging of a 5 km basin reach and roughly 1.6 km entrance reach for a 6.6 km access route, an expected capital-dredging volume close to 30 million m3, navigation aids and VTMS updates
Marine interfaces
Offshore breakwater design, sandbar stabilisation, a live approach to Chattogram, basin and entrance-channel dredging, sediment monitoring, navigation systems and the handover boundary between publicly funded common marine works and privately developed container terminals
Commercial read
The World Bank's US$650 million financing is a project envelope, not a marine-works award. The US$827 million figure is a preliminary procurement-plan estimate for breakwater and capital dredging, the US$5 million line is for navigation aids and VTMS, and the US$830 million indicator is a future private-investment target for at least one terminal. None is a signed construction contract.
Next milestone
Final feasibility, design and PPSD decisions, followed by the first official prequalification or tender notice defining whether breakwater, capital dredging and any initial maintenance period are procured together or separately
Material change register
What changed, when, and what it proves
Only source-bound events that alter phase, scope, counterparties, delivery, completion, commissioning, or acceptance are listed. A change can advance the record without proving the next gate.
Latest implementation report kept physical works at pre-start
The World Bank recorded effective financing and studies nearing completion, while marine works remained pre-start and the terminal PPP RFP awaited feasibility and transaction-structure approval.
The three IDA credits moved from signature to effective status. Effectiveness released the financing framework but did not award or start a marine-works contract.
Approval established the US$650 million project envelope and common marine-infrastructure objective, including the breakwater and channel works. It was not a construction award.
Final feasibility, design and PPSD decisions, followed by the first official prequalification or tender notice defining whether breakwater, capital dredging and any initial maintenance period are procured together or separately
Decision watchpoints
Completion and approval of marine feasibility, detailed design and PPSD
Final split between breakwater, capital dredging and initial maintenance dredging
Prequalification and rated-criteria tender documents for each marine package
Design depth, dredge prism, measured quantity and sediment-management route
Breakwater foundation, sandbar stabilisation and scour-protection requirements
Navigation aids, VTMS integration and live-traffic controls
Contract awards, notice to proceed and identifiable mobilisation
Baseline and post-dredge hydrography, breakwater acceptance and navigation release
Interface agreement with the future private terminal operator
This public project page is a tracked market record rather than a tender notice, contractual commitment, or commercial instruction. Use the status, confidence label, evidence-review date, and source note together when judging how much weight to place on the signal.
Evidence reviewed date is not a project-event date.
IMWO changes phase, participants, scope, completion, or acceptance wording only when a dated source establishes the change. The review date records when the evidence set was checked; it does not claim that physical work changed on that date.
Evidence reviewed19 July 2026Sources in this record6
Source record
The World Bank approved US$650 million for Bay Terminal in June 2024 and signed the financing in April 2025. The 16 January 2026 implementation report records effectiveness on 8 December 2025, says works have not commenced, and keeps the 6.6-kilometre access-channel outcome at zero while studies near completion. The appraisal document defines a 6-kilometre rubble-mound breakwater, a 5-kilometre basin reach, a roughly 1.6-kilometre entrance reach, an expected capital-dredging volume close to 30 million cubic metres, and navigation-system work. Its procurement table is preliminary: the US$827 million breakwater and capital-dredging line may be divided, and the dredging contract may include three years of performance-based maintenance. The revised ESIA supplies the project layout and environmental baseline, not construction evidence.