Published by
Daily Financial Times
Daily Financial Times
450,000-TEU-capacity terminal to be completed by mid-2022Bangladesh’s Ministry of Investment has expressed its intention to formally nominate Saudi Arabia’s Red Sea Gateway Terminal (RSGT) as a public-private partnership (PPP) investor under the terms of an investment MOU between the Kingdom of Saudi Arabia and the People’s Republic of Bangladesh, signed at the 2021 Future Investment Initiative in Riyadh, Saudi Arabia. The formal nomination under the MOU enables the Government of Bangladesh to directly award PPP projects to nominated companies. RSGT says it looks forward to working closely wit…
