Jan De Nul Group’s subsidiary Payra Dredging Company Limited (PDCL) has signed a concession agreement with Payra Port Authority for the capital and maintenance dredging of the Rabnabad Channel at Payra Port. The port is the third largest seaport in Bangladesh, after Chittagong and Mongla. 

Under the agreement, Jan De Nul Group will be responsible for the development, dredging and commissioning of the access channel, turning basins, anchorage and berthing areas with the goal of accommodating larger sea-going vessels. For the capital dredging works, Jan De Nul will deploy up to nine dredgers of its fleet, amongst which some of the most powerful Cutter Suction Dredgers in the world.

Once the capital dredging works are completed, Jan De Nul will perform maintenance dredging for a period of 10 years. During the maintenance period, Payra Port Authority and Jan De Nul intend to develop the Payra Sea Port into a deep-sea port.

The Public-Private Partnership (PPP) contract was awarded in late 2017.