Govt aims to expedite trade thru Bhomra
NBR opens imports of almost all products through the port and plans to establish a new customs house
The government aims to expedite export-import activities with neighbouring India through the Bhomra Land Port in Satkhira.
As part of this initiative, the National Board of Revenue (NBR) has announced that all products, except powdered milk, will now be allowed for import through this port.
The NBR is also considering upgrading the port from its current status as a land port station to a full customs house.
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On 29 August, the customs wing of the NBR issued a statutory regulatory order (SRO) authorising the import of nearly all products through Bhomra.
A senior customs official told The Business Standard, "Currently, Bhomra operates as a land customs station. We are working towards establishing a separate customs house there, given the volume of imports through this port."
He added, "The distance from Bhomra to Kolkata is approximately 22 kilometres shorter than from Benapole in the Jashore district, presenting a significant opportunity for increased bilateral trade with India."
The distance from Benapole to Kolkata by road is 84 kilometres, while from Bhomra Land Port it is 62 kilometres.
Established in 1996, Bhomra is the third-largest land port in the country. Over 500 businesses are currently involved in import-export activities through this facility.
According to port authority data, revenue collected through Bhomra in the fiscal 2022-23 totalled approximately Tk632 crore.
Businesses are increasingly recognising the potential of the Bhomra Land Port.
Abdul Wahed, chairman of the standing committee on land ports, border trade, transit, and transshipment at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), told TBS, "There is a strong likelihood of increased imports through Bhomra."
He added, "Both Bhomra and Sonamasjid land ports are crucial for alleviating the burden on the Benapole port."
However, Wahed also highlighted the current deficiencies in port and customs facilities.
"The port has not yet reached its full capacity. The roads need to be widened and improved. Establishing a fully operational port with complete customs facilities will significantly enhance its utilisation," said Wahed, who is also a former director of the country's apex trade body.
