DP World, AP Moller-Maersk keen to invest in Bangladesh

"We have always been saying Bangladesh is ready for an enhanced investment," the chief adviser's press secretary Shafiqul Alam told reporters.

Bangladesh has eased condition on investment and improved capacity of the Chittagong port, Alam said.

Yunus met Sultan Ahmed bin Sulayem, chairman and chief executive officer (CEO) of DP World Group, a Dubai-based multinational logistics company; Nick Clegg, president, global affairs, Meta Platforms Inc.; and Robert Maersk Uggla, chairman of A.P. Moller-Maersk, at Davos, a domestic news agency reported.

DP World and A.P. Moller-Maersk expressed keen interest in investing in a big way in Bangladesh's shipping industries to help the country build new ports and turn a major global export hub.

The DP World CEO said his company wants to invest in the New Mooring Container Terminal to reduce congestion in the Chittagong Port and reduce emission to raise efficiency. He also said his company wants to introduce a digital online customs procedure in Chittagong Port, which would help reduce corruption drastically, and invest in inland container depots in Bangladesh.

Uggla said his company wants to invest in the Laldia container terminal near Chittagong Port, and transform it into a green port.

ALCHEMPro News Desk (DS)