Land ports' earnings rise 42pc

Income of Bangladesh's land ports increased by 42 per cent in the last financial year, reports BSS.

The country's land ports generated Tk 2.11 billion (Tk 211 crore) through export-import operation in fiscal year 2018-19 (FY '19).

The four land ports of Benapole, Burimari, Bhomra and Tamabil, out of total 23 land ports, contributed 82 per cent to the total tally. Benapole topped the turnover list generating highest Tk 823.6 million (Tk 82.36 crore).

Talking to the news agency, Chairman of Bangladesh Land Port Authority (BLPA) Tapan Kumar Chakravorty said development of infrastructures and expansion of services has caused the income generation to rise.

"Quick load-unload of goods and other services boosted income generation," he opined. In addition, country's economy is being strengthened gradually which also plays a significant role of trade expansion with neighboring India, added Tapan.

In fiscal year 2019-20, the BLPA has set a target of Tk 1.79 billion income.