The government's ambitious project to transform Maheshkhali Island in the Bay of Bengal into a thriving energy hub aims to establish power plants and a liquefied natural gas (LNG) terminal by 2027.
This endeavor is driven by the objective of strengthening the country's economy and achieving self-reliance in the power and fuel sector.
To support this transformation, the government is constructing substantial oil storage infrastructure at Kalamarchara in Maheshkhali as part of the Single Point Mooring (SPM) project.
[5] According to the Maheshkhali Upazila Nirbahi, the Single Point Mooring (SPM) project holds paramount importance to the prime minister.
The successful execution of this project is expected to generate employment opportunities for the local population, leading to the eradication of unemployment in this region.