APM Terminals Begins Construction on $550m Laldia Port Facility in Bangladesh
Work is underway on APM Terminals Laldia in Chattogram following a formal groundbreaking ceremony for the $550 million public-private partnership venture.
Construction has officially commenced on the APM Terminals Laldia project in Chattogram, Bangladesh. The groundbreaking milestone marks the formal transition of the maritime infrastructure project from its initial agreement phase into active site development.
Valued at US$ 550 million, the terminal initiative stands as one of the largest public-private partnership investments in the history of Bangladesh. The capital-intensive project aims to bolster port operations and logistics capabilities at the country's main maritime gateway.
The venture represents the flagship project stemming from a bilateral government-to-government partnership established between Bangladesh and Denmark to foster port sector development.
Senior government officials from both nations attended the official groundbreaking ceremony to mark the launch of civil works across the Laldia site.
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