UAE’s DP World to operate major terminal in Bangladesh’s largest port

DHAKA: Dubai-based logistics giant DP World signed on Thursday a concession agreement with the Bangladeshi government to operate and upgrade one of the busiest terminals in the country’s largest port. Chittagong Port, which is officially known as the Chattogram Port, is the main gateway for Bangladesh’s ocean cargo import and export, handling around 92 percent of Bangladesh’s foreign trade. DP World and the Chattogram Port Authority signed the agreement in Dhaka, marking the beginning of a 15-