From Nikkei Asia · · 40s
Bangladesh Signs DP World Port Deal
Bangladesh ends port contract delays with UAE's DP World.
In brief
Bangladesh ends port contract delays with UAE's DP World. Bangladesh signed a 15-year deal with DP World to operate and maintain the New Mooring Container Terminal at its largest port after years of delays. Originally reported by Nikkei Asia.
Bangladesh signs DP World port deal
Bangladesh signed a 15-year deal with DP World on Thursday for the Dubai-based logistics company to operate and maintain the New Mooring Container Terminal at the country's largest port.
Contract after years of delay
The deal aims to modernize the facility but faced pushback over foreign stake in strategic asset.
Port project ends in limbo
Labor protests and legal challenges left the concession at Chattogram Port in limbo for years.
At a glance
Bangladesh signed a 15-year deal with DP World to operate and maintain the New Mooring Container Terminal at its largest port after years of delays.
