DP World chairman meets PM Tarique to discuss trade, investment and NCT deal
The meeting also covered DP World’s interest in investing in free trade zones and setting up rail-based inland container depots in Bangladesh.
DP World Board of Directors Chairman Essa Kazim led a delegation in a meeting with Prime Minister Tarique Rahman today (8 October), where they discussed expanding trade and investment between Bangladesh and the United Arab Emirates, port management, logistics development and other issues of mutual interest.
The meeting also discussed the 15-year concession agreement signed between Bangladesh and DP World for the operation and modernisation of Chattogram port's New Mooring Container Terminal (NCT), according to the Prime Minister's Press Wing.
Under the agreement, DP World will operate and maintain the container terminal and its Overflow Container Yard.
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The partnership is expected to play a role in modernising the terminal, improving operational efficiency and strengthening the capacity of Bangladesh's port and logistics infrastructure, the press wing said.
During the meeting, Prime Minister Tarique Rahman also sought to know about DP World's interest in establishing free trade zones and rail-based inland container depots in Bangladesh, as well as making new investments in the country.
The delegation expressed interest in cooperation and investment in these areas, according to the press wing.
