Bangladesh Investment Development Authority (BIDA) said APM Terminals, a subsidiary of Danish shipping and logistics company AP Moller-Maersk, will invest $800 million in the proposed terminal at Chattogram Port’s Laldiar Char.

The terminal, with a 616-metre length comprising three container jetties, would be built on 32 acres of land. The entire amount would be foreign direct investment and the Bangladesh government will not have to spend a single Taka.

APM Terminals, a subsidiary of AP Moller Maersk, began operations at Laldia Terminal in 2024. Initially, the project was expected to receive investments ranging from $300 to $400 million. But the investment volume has since doubled to $800 million now.

The development will be executed under a public-private partnership and government-to-government agreement, following build-operate-transfer model.