Dhaka, Nov. 17 -- A new shipping hub in sight at the Laldia Container Terminal (LCT) will help debottleneck Bangladesh's export growth and lower import costs, resulting in a trade boost, says the global chief executive of the foreign lessee.
"It's going to create a port that can go from the current size of about 3000-TEU ships to double that. And what we know when we double the size of the ships, the slot cost goes down, (and) the efficiency goes up," says Keith Svendsen, Global CEO of APM Terminals.
"And it would really help create much more flow and efficiency in the ocean part of the transport sector," says Mr Svendsen in an exclusive interview with The Financial Express, ahead of deal signing.
The Chittagong Port Authority (CPA) an...
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