World Bank approves 650 mln USD to help Bangladesh develop Bay Terminal

DHAKA, June 30 (Xinhua) -- The World Bank approved 650 million U.S. dollars to help Bangladesh invest in infrastructure critical for developing the Bay Terminal deep seaport, a mega project in the country's southeastern Chattogram region.

The Bay Terminal would significantly improve Bangladesh's global trade competitiveness and reduce import and export costs by increasing port operational efficiency and mobilizi