Logo Loading

News Detail

$1Bn investment plan from DP World in Bangladesh

$1Bn investment plan from DP World in Bangladesh

Dubai-based terminal operator DP World wants to invest US$1bn in Bangladesh’s container supply chain infrastructure, including ports, rail network and inland container terminals.

The global port giant has tabled a formal proposal to Bangladesh’s government after a meeting organised with the Dubai Chamber last month.

It expects the investments to bring cumulative economic benefits of $35bn to Bangladesh: $14bn from the logistics corridor and $21bn from the digital platform.

DP World expects its investment and technology transfer will drive increased exports, a six-fold growth in foreign direct investment, an increase in the contribution of the manufacturing sector to national GDP, rapid job creation and the diversification of the country’s exports.

Related Posts

Compare

Enter your keyword