{
  "id": 12894419,
  "title": "DP World signs 15-year concession for terminal at Bangladesh's Chittagong port",
  "url": "https://urgent.news/2026/10/08/dp-world-signs-15-year-concession-for-terminal-at-bangladeshs-12894419",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T14:30:52.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/economy/2026/10/08/dp-world-signs-15-year-concession-for-terminal-at-bangladeshs-chittagong-port/"
  },
  "original_language": "en",
  "account": "DP World, a global ports operator based in Dubai, has entered into a 15-year concession agreement with Bangladesh's Chittagong Port Authority. This partnership aims to develop a new terminal, known as the New Mooring Container Terminal (NMCT), which is expected to significantly enhance economic activity in Bangladesh. The agreement, while not disclosing the investment amount, will allow the NMCT to benefit from DP World's extensive global network, which spans ports, infrastructure, and supply chain services.\n\nThis public-private partnership is expected to improve supply chain efficiency and bolster Bangladesh's trade and logistics capabilities. The NMCT terminal will be operated under the ownership of the Chittagong Port Authority, ensuring control remains with the local government. DP World's executive chairman, Essa Kazim, highlighted Bangladesh's growing importance as a trading and manufacturing economy, expressing DP World's commitment to supporting its continued development.\n\nThe collaboration builds upon an earlier agreement between the Dubai government and the Public-Private Partnership Authority in Bangladesh, aimed at advancing strategic infrastructure development through public-private partnership (PPP) initiatives. Working alongside the Chittagong Port Authority, DP World will focus on various operational areas, including berth planning, yard management, equipment utilization, preventive maintenance, safety, and sustainability.\n\nDP World currently handles 110 million 20-foot-equivalent units and is responsible for moving 10% of global daily trade. The company has invested approximately $10 billion in a logistics network that spans 85 countries. DP World is also aggressively expanding internationally, with recent investments in Angola's Port of Luanda and two major port and economic zone projects in Nigeria.",
  "summary": "Global ports operator DP World has signed a 15-year concession agreement with Bangladesh's Chittagong Port to operate a new terminal that is expected to boost economic activity in the South Asian nation. The public-private partnership deal for the New Mooring Container Terminal (NMCT) is anticipated to improve supply chain efficiency and strengthen Bangladesh’s trade and logistics capabilities,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "DP World signs 15-year concession for terminal at Bangladesh's Chittagong port",
        "url": "https://urgent.news/2026/10/08/dp-world-signs-15-year-concession-for-terminal-at-bangladeshs",
        "published": "2026-10-08T14:30:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}