World Bank helps Bangladesh Develop Bay Terminal

Washington, June 28, 2024— The World Bank’s Board of Executive Directors today approved $650 million to help Bangladesh invest in infrastructure critical for developing the Bay Terminal deep seaport, which will significantly improve Bangladesh's global trade competitiveness and reduce import and export costs by increasing port operational efficiency and mobilizing private investment. https://www.worldbank.org/en/news/press-release/2024/06/28/world-bank-helps-bangladesh-develop-bay-terminal