DP World CEO reiterates interest in investing in New Mooring Container Terminal during meeting with CA
“This is a land of opportunities,” said Chief Adviser Yunus. “Come to Bangladesh, and let’s make this happen,” said Professor Yunus
Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, met with Chief Adviser Professor Muhammad Yunus today (9 April) at the State Guest House Jamuna to discuss strategic investment opportunities in Bangladesh, particularly in the country's port and logistics infrastructure.
The meeting follows an earlier conversation between the two in Davos, where the DP World chief had expressed interest in investing in the New Mooring Container Terminal in Chattogram, reads a press statement by the CA's Press Wing.
The proposed investment aims to reduce congestion at Chittagong Port, lower carbon emissions, and significantly boost the efficiency of Bangladesh's key maritime gateway.
Keep updated, follow The Business Standard's Google news channel
"This is a land of opportunities," said Chief Adviser Yunus. "Come to Bangladesh, and let's make this happen," said Professor Yunus.
Sultan Ahmed Bin Sulayem reaffirmed his company's commitment, stating, "We are looking forward to this partnership. Your prosperity is our prosperity. From Chattogram to Dubai to Africa—this is our shared dream."
The chief adviser urged DP World to consider broader collaboration in Bangladesh's growing sectors, including fisheries, agro-processing, and halal meat exports. He also underscored the importance of ensuring proper skills development for Bangladeshi workers.
"It is our responsibility to provide proper training to our workforce, and we will make sure it happens," Professor Yunus assured.
The DP World chief responded positively, stating, the UAE authorities were actively working on visa facilitation and overall support, especially for skilled workers from Bangladesh.
He also revealed DP World's plan to introduce a "Bangladesh Mart" in their home country, following the success of their Chinese and Indian trade marts.
"We want to showcase Bangladeshi products—wood, marble, agricultural goods—and bring them to the world," he added.
Special Envoy for International Affairs Lutfey Siddiqi, who also attended the meeting, noted, "We are working on resolving the visa issues for general Bangladeshi citizens, and we hope a solution will come soon."
The meeting was told that the two UAE companies had recently recruited nearly 500 workers from Bangladesh.
DP World, a leading global logistics company based in Dubai, is known for its expertise in port development, maritime services, logistics, and technology-driven trade facilitation.
SDG Coordinator Lamiya Morshed was also present at the meeting.
