The global logistics operator and part of the MSC Group, Medlog, has signed a concession agreement to operate the Pangaon Inland Container Terminal (PICT). This strategic project will enhance inland supply chain connectivity, facilitate cargo flow, and support both communities and the industrial growth of Bangladesh.
“As a world leader in container shipping, with a presence in over 500 ports and investments in over 100 terminals globally, in addition to operating a significant number of inland terminals through Medlog, the MSC Group brings a unique understanding of how cargo ecosystems evolve and thrive,” stated Søren Toft, CEO of MSC.
“Our investment in Pangaon Inland Container Terminal reflects our conviction that Bangladesh has the potential to become one of the leading gateways to regional and global trade in South Asia,” added Toft, who is also a shipping advisor to Bangladesh.
The PICT, near the capital, Dhaka, is strategically located on the Buriganga River and near the Dhaka-Mawa-Bhanga expressway. The terminal will help strengthen the resilience and efficiency of trade by shifting the country’s cargo transport from congested roads to low-emission inland waterways.
Under the new concession, Medlog will oversee operations, supply, and automation at PICT, bringing global expertise and advanced technology to optimize inland logistics.
The MSC subsidiary will also expand the terminal facilities to support growing trade volumes and offer an annual handling capacity of 160,000 TEU. Furthermore, to strengthen multimodal connectivity, Medlog will charter river barges from PICT to connect Pangaon with other terminals on rivers and seaports.
“At Medlog, we firmly believe that inland container traffic plays a fundamental role in building efficient and sustainable supply chains. By investing in specialized river terminals, barge links, and multimodal infrastructure, we are committed to shifting cargo from congested roads to waterways, reducing carbon emissions, decongesting cities, and supporting our customers’ growth,” explained Salvatore Prudente, CEO of Medlog.
“Our goal is clear: to provide reliable inland connectivity that benefits trade, the environment, and local communities,” concluded Prudente.
