Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud bin Harun has 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. Visiting the Laldia project area on Thursday, he spoke about multiple issues, including foreign investment in the port, reports bdnews24.com. Ashik, who is also an executive chairman of the Bangladesh Economic Zones Authority (BEZA), said, "I recently visited the APM headquarters in the Netherlands. "It will cost them approximately $800 million, which will arrive in Bangladesh as FDI (foreign direct investment).”Ashik continued, “As you know, the FDI amount in Bangladesh is very small. "So if we get $800 million in FDI through this project and we have a good company like APM, that's great for our economy and overall financial health."
