Bangladesh secures less than 5% of South Asia’s logistics FDI: Report
Bangladesh drew $1.8 billion in greenfield foreign direct investment (FDI) in the logistics sector between 2019 and 2024—representing just 4.9% of South Asia’s total inflows—according to a joint study by the International Finance Corporation (IFC) and GlobalData. The report, released in June and posted on the Bangladesh Investment Development Authority (BIDA) website, highlights the country’s […]
DP World, Abu Dhabi Ports show interest in investing in Bangladesh
Abdulla Ali Abdulla AlHmoudi, the ambassador of the United Arab Emirates (UAE) to Bangladesh, stated that Abu Dhabi Ports and DP World, two of the biggest port operators in the world, are keen to invest in Chittagong port in order to increase the nation’s export competitiveness internationally. He stated that Masdar, another renowned company in […]
Abu Dhabi Ports to build a new port in Sudan
Abu Dhabi Ports will collaborate with DAL Group, a local company, to create a new Red Sea port in Sudan. The massive port, which will handle a variety of goods and include a free trade zone, will give the country with a much-needed second significant maritime outlet in addition to the already-congested Port Sudan. Around […]