DP World wins 15-year Chittagong port contract
Chittagong Port Authority and the Bangladesh Port Authority have signed a 15-year concession agreement with Dubai Ports World (DP World) to manage and operate the New Mooring Container Terminal at the Port of Chittagong in Bangladesh. This collaboration aims to improve terminal performance, enhance Bangladesh’s trade and logistics capabilities, and increase connectivity with global and regional markets. The port authority will retain ownership of the terminal, while DP World will be responsible for operations and maintenance, leveraging its technical and logistical expertise to boost supply chain efficiency and support sustainable economic growth in the country. This agreement marks a significant step in developing Bangladesh’s maritime and commercial infrastructure to strengthen its position as a global trading hub.
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