APM Terminals breaks ground for terminal in Laldia
Built from the ground up through the landmark Bangladesh–Denmark Government-to-Government partnership, the terminal will add 800,000 TEU of new capacity, welcome vessels of up to 6,000 TEU, and create thousands of jobs. APM Terminals today marked the official groundbreaking for the APM Terminals Laldia in Chattogram, moving one of the largest Public-Private Partnership investments in ...
The APM Terminals Laldia terminal, a landmark public-private partnership between Bangladesh and Denmark, has broken ground in Chattogram, marking a significant step in modernizing the country's critical trade infrastructure. This $550 million project, the flagship outcome of a Government-to-Government partnership, will add 800,000 TEU of new capacity to Bangladesh's port infrastructure, welcoming vessels of up to 6,000 TEU and creating thousands of jobs in construction and operations.
The terminal's design includes deeper draft and extended quay, enabling the Port of Chattogram to handle larger vessels, improving efficiency and lowering logistics costs. Once operational in 2030, APM Terminals Laldia will retain ownership, ensuring Bangladesh retains strategic control over its infrastructure while benefiting from world-class private investment and expertise.
The project is expected to generate over 1,000 jobs during construction and over 500 during operations, alongside significant indirect employment. Additionally, the terminal is designed to be among Bangladesh's first energy-efficient, low-emission ports, aligning with the country's climate goals.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
