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Saudi Arabia’s Red Sea Gateway to Invest $200M in Developing Matarbari as a Regional Mega Port

Saudi Arabia’s Red Sea Gateway Terminal (RSGT) is setting its sights on Bangladesh with big plans to turn Matarbari deep-sea port into a regional shipping powerhouse. The company is also looking to invest $200 million to expand the capacity of the Patenga Terminal, a move that could significantly boost the country’s trade potential.

The idea took shape during a conversation between RSGT and Chief Adviser Muhammad Yunus at the World Economic Forum in Davos. They explored how this investment could attract more global players to Bangladesh’s ports and unlock fresh opportunities to drive the country’s economic growth.

If everything falls into place, this partnership could not only transform Bangladesh’s port infrastructure but also position the country as a critical link in regional and global trade. It’s a bold step forward, signaling a brighter future for Bangladesh’s economy.

Source: Business Inspection BD

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