APM Terminals marked on August 31 the official groundbreaking for the APM Terminals Laldia in Chattogram.
APM Terminals said the US$550m project is the flagship outcome of a Government-to-Government (G2G) partnership between Bangladesh and Denmark, under which Bangladesh invited Denmark to bring the expertise and investment of its shipping and logistics companies to modernise the country’s critical trade infrastructure.
APM Terminals Laldia is being delivered in partnership with the Chittagong Port Authority (CPA) and local partner QNS Container Services Ltd, according to a statement released by APM Terminals, adding that senior government leaders from both countries attended the ceremony.
APM Terminals Laldia will be fully designed, financed, built, and operated by APM Terminals and its partners.
Once operational in 2030, the terminal will add over 800,000 TEU of annual handling capacity to Bangladesh’s port infrastructure.
Designed with a deeper draft and an extended quay, APM Terminals Laldia will enable the Port of Chattogram to handle container vessels of up to 6,000 TEU (Twenty-foot Equivalent Units), which is more than double the current limit of around 2,800 TEU.
APM Terminals said the project is expected to generate over 1,000 jobs during construction and more than 500 during operations, alongside significant indirect employment across logistics, manufacturing and services.
“We are building far more than a terminal by giving Bangladesh’s exporters deeper water, bigger ships, cleaner operations and a genuinely world-class gateway, while the asset stays firmly in Bangladeshi hands,” Romesh David, chief executive officer of APM Terminals Laldia, said. “This is what a true partnership between two nations looks like: Danish expertise and investment, Bangladeshi ambition, and a shared commitment to decarbonised, future-ready trade.”
