State Minister for Civil Aviation and Tourism M Rashiduzzaman Millat has expressed confidence that an agreement regarding Hazrat Shahjalal International Airport’s new terminal will be reached during a high-level meeting scheduled for Friday, noting that financial discrepancies have been addressed and a key partner has indicated backing.
“I am hopeful that we would be able to reach a conclusion about the deal tomorrow,” the official told a news agency on Thursday.
The official stated that earlier in the day, a meeting was held with the Japanese ambassador where the financial shortfall was explained. The ambassador reportedly showed understanding and committed to advocating for the deal with the consortium and relevant ministry.
The terminal had remained non-operational for approximately 18 months during the interim government’s tenure, which deterred several foreign carriers from beginning operations in the country.
“If consensus is reached, it may take nearly three months to sign the agreement,” the official said, adding that the terminal is anticipated to open by the end of this year or in the first two months of 2027.
The official said that after taking office, the prime minister directed authorities to reopen the terminal as soon as possible, leading to the creation of an action plan and renewed discussions with the Japanese consortium.
A series of meetings have taken place, including one at the foreign ministry and subsequent discussions on a revised proposal. A briefing on the current financial gap was also held.
The final negotiation meeting is set for Friday afternoon at the foreign ministry. Several high-ranking officials are expected to represent the local side, while representatives from Japanese transport authorities, the development agency, and the consortium will attend.
The consortium has submitted a revised offer with reduced pricing, significantly narrowing differences. The terminal project was largely financed by the Japanese development agency and constructed at a substantial cost.
The facility, covering a large area, is designed to handle millions more passengers annually and a significant volume of cargo.
