Summit Alliance Port Limited is a
Bangladeshi
Bangladeshis ( bn, বাংলাদেশী ) are the citizens of Bangladesh, a South Asian country centered on the transnational historical region of Bengal along the eponymous bay.
Bangladeshi citizenship was formed in 1971, when the ...
company that provides off-dock services. In addition to its facilities in the
Chittagong Port
The Chittagong Port ( bn, চট্টগ্রাম বন্দর) is the main seaport of Bangladesh. Located in Bangladesh's port city of Chittagong and on the banks of the Karnaphuli River, the port handles over 90 percent of Bangladesh's ...
and a river terminal situated on the bank of the
Dhaleshwari River
The Dhaleshwari River ( bn, ধলেশ্বরী ''Dhôleshshori'') is a distributary, long, of the Jamuna River in central Bangladesh. It starts off the Jamuna near the northwestern tip of Tangail District. After that it divides into two b ...
in
Munshiganj District
Munshiganj ( bn, মুন্সীগঞ্জ), also historically known as Bikrampur, is a district in central Bangladesh. It is a part of the Dhaka Division and borders Dhaka District.
Geography
Total land area is 235974 acres (954 km2), ...
, it also operates and manages three river terminals in India. The principal activities of the company are inland container depot with facilities for empty container storage and container freight station having provision for handling both Import and export cargo.
[
Established as a joint venture between ]Summit Group
Summit Group is one of the largest Bangladeshi conglomerates. The industries under this conglomerate include communication, trading, energy and power, shipping.
List of companies
* Summit Industrial & Mercantile Corporation (Pvt.) Ltd.
* Cosmopo ...
and Alliance Holdings Limited
Alliance Holdings Limited (AHL) is a Bangladeshi conglomerate company based in Dhaka, Bangladesh. It is active in business areas such as container port, inland container terminals, prefabrication, prefabricated steel building manufacturing, power ...
, the company is the dominant market leader in the competitive off–dock sector, handling over 25% of total containerized export cargo and 15% of import cargo of Bangladesh's entire containerized volume. It is a publicly traded company on both the Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...
and Chittagong Stock Exchange
The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhak ...
s.[
]
History
An initiative of Summit Group and Alliance Holdings Limited, Summit Alliance Port Limited was initially incorporated as a private company under the Companies Act, 1994 of Bangladesh on December 6, 2003, and converted to a Public Limited Company on March 6, 2008. SAPL started out initially by utilizing over 30 acres of Customs Bonded Area at the Chittagong Port.
Summit Alliance Port Limited took over the management of three Indian river terminals in November, 2018. The Inland Waterways Authority of India
Inland Waterways Authority of India (IWAI) is the statutory authority in charge of the waterways in India. It was constituted under IWAI Act-1985 by the Parliament of India.http://iwai.nic.in/showfile.php?lid=882 See section 3 of the act Its hea ...
in a Public-Private Partnership, handed over the management of the terminals to Summit Alliance Port East Gateway (India) Private Limited, a subsidiary of Summit Alliance Port Limited. The ports are Garden Reach Terminal in Kolkata
Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern ba ...
and Kalughat Terminals in Patna
Patna (
), historically known as Pataliputra, is the capital and largest city of the state of Bihar in India. According to the United Nations, as of 2018, Patna had a population of 2.35 million, making it the 19th largest city in India. ...
.
Overview
The services of the company include inland container depot comprising transportation and storage of empty containers and redelivery of the containers. Customized services, such as container condition survey, its repair, maintenance and fumigation. It has container freight station activities related to export as well as import cargo handling under customs clearance. The company also offers vessels for transportation of containers to and from Chittagong Port.
References
External links
* {{official, https://www.saplbd.com/
Companies of Bangladesh
Companies based in Chittagong
Bangladeshi companies established in 2003