Sangsad Bhaban, July 13 -- Shipping Minister Shaikh Rabiul Alam on Monday told Parliament that the government has no plan to cancel or renegotiate the concession agreement for the Laldia Container Terminal project at Chattogram Port.

"The deal was signed transparently in line with all applicable laws and procurement guidelines," he said replying to a starred question from BNP lawmaker Md Shahadat Hossain (Lakshmipur-1).

The minister said the agreement covers a total period of 33 years, including three years for construction and 30 years of operation, and will be extended it by another 15 years.

Matarbari port to transform Bangladesh's maritime trade with direct calls by mother vessels: Rabiul

The minister said the concession agreement...