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    Topics Impact of Payra Deep Sea Port On Bangladesh Economy: ID Batch

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    Raju Riad
    The document discusses the potential positive economic impact of the Payra Deep Sea Port in Bangladesh. It presents forecasts that the port will significantly increase container throughput and trade volume in the country over the next decade. There is a strong correlation shown between expected trade levels and projected revenue for the Payra Port Authority. The port is expected to generate employment, boost industrial development, lower transportation costs, and strengthen economic connectivity in southern Bangladesh once fully operational.

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    Topics Impact of Payra Deep Sea Port On Bangladesh Economy: ID Batch

    Uploaded by

    Raju Riad
    50 views9 pages
    The document discusses the potential positive economic impact of the Payra Deep Sea Port in Bangladesh. It presents forecasts that the port will significantly increase container throughput and trade volume in the country over the next decade. There is a strong correlation shown between expected trade levels and projected revenue for the Payra Port Authority. The port is expected to generate employment, boost industrial development, lower transportation costs, and strengthen economic connectivity in southern Bangladesh once fully operational.

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    The document discusses the potential positive economic impact of the Payra Deep Sea Port in Bangladesh. It presents forecasts that the port will significantly increase container throughput and trade volume in the country over the next decade. There is a strong correlation shown between expected trade levels and projected revenue for the Payra Port Authority. The port is expected to generate employment, boost industrial development, lower transportation costs, and strengthen economic connectivity in southern Bangladesh once fully operational.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    50 views9 pages

    Topics Impact of Payra Deep Sea Port On Bangladesh Economy: ID Batch

    Uploaded by

    Raju Riad
    The document discusses the potential positive economic impact of the Payra Deep Sea Port in Bangladesh. It presents forecasts that the port will significantly increase container throughput and trade volume in the country over the next decade. There is a strong correlation shown between expected trade levels and projected revenue for the Payra Port Authority. The port is expected to generate employment, boost industrial development, lower transportation costs, and strengthen economic connectivity in southern Bangladesh once fully operational.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    Impact of Payra Deep Sea Port on Bangladesh Economy

    Topics

    Presente Farhan Khan


    d By
    B 1506021
    ID
    BBA 2015 (A)
    Batch
    Hypothesis
    H1: The construction of Payra deep sea port will make a positive impact
    to the economic advancement of southern part of our country.

    Objectives

    General
    Objective
    To evaluate the light impact of Payra deep sea port in our economy.

    Specific
    Objectives
    To identify the regional facilities of Payra deep sea port.
    RESULTS & DISCUSSIONS
    Growth of Container Throughput
    Throughput
    Fiscal Year Growth in (TEUs) Percentage of growth
    (TEUs)
    2006-07 913704 - -
    2007-08 1027745 114041 12.5%
    2008-09 1108056 80311 7.81%
    2009-10 1212652 104596 9.44%
    2010-11 1468914 256262 21.1%
    2011-12 1343408 (125506) - 8.5%
    2012-13 1468713 125305 9.33%
    2013-14 1625509 156756 10.7%
    2014-15 1866942 241433 14.9%
    2015-16 2293216 426274 22.8%
    Container Trade Forecast (in TEUs) Trade-Revenue relation

    Payra Chittagong Mongla Total Expected total


    Year
    (TEUs) (TEUs) (TEUs) (TEUs) Expected trade revenue
    2014 - 1711084 32000 1743084
    Year
    (in TEUs) (in millions
    2015 - 1867648 33000 1900648 BDT)
    2016 - 2038538 34000 2072538 100000 1100.00
    2020
    2017 - 2225064 35000 2260064
    2021 250000 4090.50
    2018 - 2428567 36000 2464657
    2019 - 2650884 37000 2687880
    2022 505000 8271.33
    2020 100000 2790435 38000 2931435
    2023 1020000 13032.00
    2021 250000 2874186 39000 3163186
    2022 500000 2873340 40000 3413340 2024 1510000 22436.00
    2023 1000000 2642364 41000 3683364 2070000 27284.00
    2025
    2024 1500000 2432842 42000 3974842
    2025 2000000 2246487 43000 4289487 2026 2390000 40513.70
    2026 2290000 2264357 44000 4598357 2622050 34788.98
    2027
    2027 2622050 2262498 45000 4929548
    2028 3002247 47427.46
    2028 3002247 2236431 46000 5284678
    Correlations
    Expected
    total
    Expected revenue (in
    trade (in millions
    Here we can observe that
    TEUs) BDT) there is strong correlation
    Expected trade (in
    TEUs)
    Pearson
    Correlation
    1 .985
    between the amount of trade
    Sig. (1-tailed) .000 and the amount of revenue
    N 9 9
    Expected total Pearson .985 1 the Payra Port Authority
    revenue (in millions Correlation
    BDT) Sig. (1-tailed) .000
    (PPA) is expecting to earn.
    N 9 9

    Regression
    Standardized
    Unstandardized Coefficients Coefficients
    Model B Std. Error Beta t Sig.
    1 (Constant) -506.993 1831.199 -.277 .790

    Expected trade (in .015 .001 .985 14.946 .000


    TEUs)
    a. Dependent Variable: Expected total revenue (in millions BDT)
    With the help of regression model we have found that the P-value
    is 0.790 which strengthen the first hypothesis H1. So the null
    hypothesis is accepted.
    From the specific objectives-

    1. Huge employment opportunity and poverty reduction


    2. Generation of opportunities of industrial development
    3. Faster and easier export of agricultural goods
    4. Enhance economic network in the country
    5. Availability of railway road will decrease the
    transportation costs
    They will be able to make a good
    impact on the economy of our
    country when it will be fully
    Recommendatio workable. By this time they
    n should improve the skills of the
    people working there by
    continuous training. Then they
    will get the expected result they
    have forecasted.

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