Dhaka, April 9 -- Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud bin Harun has announced plans to establish a free trade zone around the country's deep-sea port in Matarbari, located along the coast.

This initiative is being discussed in collaboration with DP World, a prominent Middle Eastern company that currently operates a free trade zone around the Jebel Ali Port in the UAE.

Speaking at a press conference on the third day of the four-day investment summit at the Hotel InterContinental Dhaka, Ashik shared details of the ongoing discussions.

He revealed that DP World, renowned for its operations at Jebel Ali, has come forward to assist in developing similar economic zones in Bangladesh. ...