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Showing results for tags 'matarbari deep sea port'.
Bangladesh might have the closest existing deep sea ports in the world operating side by side if Japan and China get their way. The Japanese have already started construction of their deep sea port and powerplant facilities on Matarbari Island. They not only want to buy the two aforementioned infrastructure but an entire city along the coast. The Chinese deep sea port project however became a seriously contentious issue because countries such as India and US posted their dissatisfaction with it. Under pressure the Bangladesh government cancelled the project on "environmental grounds" but it looks like China has got the green light to restart the project because Bangladesh needs as much FDI as possible and bigger powers such as Japan, China and US will have to play fairly if they want to maintain a profitable and strategic partnership with Bangladesh. The stakes are high because Bangladesh is perched in the central location of the Bay of Bengal. It has a young, dynamic work force ready to move mountains. The question is will it be really feasible for both deep sea ports to co-exist?