# AP Moller-Maersk to Invest $800M in 400-Acre Free Trade Zone in Ctg: Ashik Chowdhury

> Bida Chairman Ashik Chowdhury announced a 400-acre Free Trade Zone in Anwara, Chattogram, calling it a game changer for the economy. AP Moller-Maersk plans to invest $800 million in the Laldia terminal. Meanwhile, PSI S…

Published: 2026-09-15 · Desk: Latest · Source: The Business Standard

Bida Chairman Ashik Chowdhury has announced plans to establish a 400-acre Free Trade Zone (FTZ) in Anwara, Chattogram, calling it a potential game changer for Bangladesh’s economy. The FTZ aims to attract foreign investors with minimal bureaucracy, offering export opportunities and employment for locals. A national committee is assessing the site and holding talks with international FTZ operators. Meanwhile, AP Moller-Maersk is expected to invest $800 million in the Laldia container terminal, which will be the country’s first BOT port project under a PPP model. Additionally, PSI Singapore and DP World will each invest over $1 billion in separate terminals at the Bay Terminal, a project expected to create 25,000 jobs and increase annual container handling capacity significantly by 2030.

Original reporting: https://www.tbsnews.net/economy/ap-moller-maersk-invest-800m-ctg-port-bida-chairman-1136781
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