News / DP World unveils $1bn Bangladesh logistics infrastructure investment plan

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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.

Last February, DP World chairman Sultan bin Sulayem and Bangladesh Shipping Secretary Abdus Samad signed memorandum of understanding on a similar proposal.

In its new proposal, DP World says it plans to invest in Patenga container terminal, operate ...