{"id":82624,"date":"2023-12-07T00:00:00","date_gmt":"2023-12-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/"},"modified":"2023-12-07T00:00:00","modified_gmt":"2023-12-07T00:00:00","slug":"sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/","title":{"rendered":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal"},"content":{"rendered":"

RSGT inks concession agreement in Bangladesh to operate Patenga Container Terminal:<\/strong>Terminal operator Red Sea Gateway Terminal International<\/a> (RSGT), a unit of Tadawul-listed Sustained<\/a>Infrastructure Holding Company<\/a> (Sisco) has inked a 22-year concession agreement with Bangladesh\u2019s Chittagong Port Authority for Patenga Container Terminal in Chittagong, according to a press release (pdf)<\/a>. The agreement was inked in partnership with the PIF, under a government-to-government framework between the kingdom and Bangladesh.<\/p>\n

The details:<\/strong> RSGT will develop a comprehensive long-term plan for the terminal that includes developing and operating a 500k TEU facility and equipping a 580-meter quay with new tech, the statement said. The company will pour some USD 170 mn (SAR 636.7 mn) into the developments at the terminal, funded through debt and equity, it added.<\/p>\n

RSGT is looking to expand globally <\/strong>in the port sector, it said. <\/p>\n

Bangladesh\u2019s first foreign operator:<\/strong> RSGT will be the first foreign company to operate a port<\/a>in Bangladesh<\/a> as the South Asian country looks to boost foreign investments into the country. The container terminal was completed last year and was initially set to be operated by the Chittagong Port Authority, but Bangladesh\u2019s government opted for a foreign operator instead under a PPP model.<\/p>\n

Background:<\/strong>RSGT inked<\/a> a framework agreement for the USD 240 mn terminal back in March. The terminal has a 500k TEU capacity, and is located in Bangladesh\u2019s primary port, the statement said at the time. The port handled a container throughput of 3.2 mn TEU in 2021, and serves some 90% of Bangladesh\u2019s import and export activities, according to the release.<\/p>\n","protected":false},"excerpt":{"rendered":"

The investment falls in line with RSGT\u2019s international expansion strategy<\/p>\n","protected":false},"author":1,"featured_media":82625,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4394],"tags":[10,4393,588],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shipping","tag-enterpriseam-ksa","tag-port","tag-shipping","wpautop","entry"],"acf":{"mongo_id":"fa5e54f0-22a5-40e3-818f-1c62d0d3436b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/420.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal","related_issue":[82617],"teaser":"The investment falls in line with RSGT\u2019s international expansion strategy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.e43d4720-b064-4f6f-b49d-08e6739023d4.mp3"},"yoast_head":"\nSisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal\" \/>\n<meta property=\"og:description\" content=\"The investment falls in line with RSGT\u2019s international expansion strategy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal\",\"datePublished\":\"2023-12-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\"},\"wordCount\":271,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM KSA\",\"Port\",\"SHIPPING\"],\"articleSection\":[\"SHIPPING\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\",\"name\":\"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-07T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/","og_locale":"en_US","og_type":"article","og_title":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal","og_description":"The investment falls in line with RSGT\u2019s international expansion strategy","og_url":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/","og_site_name":"KSA","article_published_time":"2023-12-07T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal","datePublished":"2023-12-07T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/"},"wordCount":271,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM KSA","Port","SHIPPING"],"articleSection":["SHIPPING"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/","url":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/","name":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1","datePublished":"2023-12-07T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2023\/12\/07\/sisco-unit-rsgt-inks-usd-170-mn-concession-agreement-for-patenga-container-terminal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Sisco unit RSGT inks USD 170 mn concession agreement for Patenga Container Terminal"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/420.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/82624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=82624"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/82624\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/82617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/82625"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=82624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=82624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=82624"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=82624"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=82624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}