Sunday | 16 February 2025 | Reg No- 06
বাংলা
   
Sunday | 16 February 2025 | Epaper
BREAKING: Political parties push for nat'l election after key reforms      Govt aims to establish ‘July Charter’: Prof Yunus       No room for failure in reforms: CA       Jamaat advocates for national election post-reform consensus      Mirza Fakhrul expects national election after minimum reforms      No local govt elections before national elections: Partho      BNP leaders would face execution if Hasina stayed: Rizvi      

Top port operators express intent to invest in BD shipping sector

Published : Sunday, 26 January, 2025 at 12:00 AM  Count : 444
In a notable development at the World Economic Forum Summit, two of the world's leading port operators, DP World and AP Moller-Maersk, have expressed strong interest in investing heavily in Bangladesh's shipping industry. 

Their proposals aim to establish new ports along the Bay of Bengal coast, positioning Bangladesh as a key global export hub, several new agencies reported on Friday.

During a meeting with Chief Adviser Prof. Muhammad Yunus of Bangladesh interim government, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, discussed plans to invest in the New Mooring Container Terminal of Chittagong port, the prime harbour of international trade in Bangladesh.

This initiative is expected to alleviate congestion at Chittagong Port and enhance operational efficiency while reducing emissions. Bin Sulayem emphasised that such investments could attract more foreign direct investment (FDI) and mitigate environmental pollution, highlighting the positive impact of DP World's past investments in other countries.

Bin Sulayem also proposed the introduction of a digital online customs procedure at Chittagong Port to significantly reduce corruption, along with investments in Inland Container Depots throughout Bangladesh. He noted that their interest in investing in Bangladesh dates back to 2022, when their proposals were not pursued by the previous government.

Chief Adviser Yunus affirmed Bangladesh's commitment to enhancing the efficiency of Chittagong Port and developing additional ports along the Bay of Bengal coast. "We aim to make Chittagong Port the largest in the region," Yunus stated, emphasising the importance of swift action, as "time is cost,"  -- the Apparel resources quoted Bangladesh Chief Adviser Muhammed Yunus as saying.

Robert Maersk Uggla, Chair of AP Moller-Maersk, also expressed intentions to invest in the Laldia Container Terminal, aiming to transform Chittagong into a green port with the company's technical expertise. Uggla shared successful examples of similar projects in Morocco and Oman, citing the Salalah Port in Oman as a model of excellence achieved through strategic investment.



LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: [email protected], news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝
close