The deal started as an unsolicited bid from Maersk Group, the parent company of APM Terminals, in 2023.
The Laldia container terminal is expected to start operations by 2029
The terminal, with a 616-metre length comprising three container jetties, would be built on 32 acres of land
AP Moller Maersk, a Danish shipping and logistics company, will likely invest between $300 and $400 million for constructing the Laldia container terminal at Chattogram Port, according to project officials.