Dhaka, Nov. 12 -- Bangladesh is set to receive a record $550 million in foreign direct investment (FDI) from Denmark's global terminal operator APM Terminals, marking the largest European investment in the country's history, according to the Public Private Partnership Authority (PPPA).

Speaking at a press briefing at the Foreign Service Academy on Wednesday afternoon, PPPA Chief Executive Officer Chowdhury Ashik Mahmud Bin Harun said APM will build a world-class container terminal in Laldia, Chattogram, with an investment equivalent to Tk 6,700 crore.

The company will bear the entire project cost.

"This is the biggest-ever single investment from Europe in Bangladesh," Ashik said, adding that APM will sign the agreement next week. A hig...