World's major port handlers show interest to invest in Bangladesh

World's major port handlers show interest to invest in Bangladesh

DP World and AP Moller--Maersk, two major global port handlers, have expressed interest in making big investments in Bangladesh to help the country build new ports along the Bay of Bengal.

The firms came up with the proposals when Sultan Ahmed Bin Sulayem, group chairman and chief executive officer of DP World, and Robert Maersk Uggla, chair of AP Moller-Maersk, met Chief Adviser Professor Muhammad Yunus in Davos, Switzerland, during the World Economic Forum Summit on Thursday.

Sulayem said they want to invest in the New Mooring Container Terminal, as well as to reduce congestion and emissions in the Chittagong port and increase efficiency.

The CEO of the UAE-based logistics company insisted that investment in the New Mooring Container Terminal near Chittagong Port would help Bangladesh attract more foreign investment.