Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun today announced that an $800 million investment will be made centering existing container terminal at Laldia Char on the south-east bank of the Karnaphuli River in Chattogram.

Chowdhury Ashik Mahmud Bin Harun, also Executive Chairman of Bangladesh Economic Zones Authority (BEZA) made this statement while briefing journalists after visiting Laldia Char in Patenga area in the city earlier this morning.

"The annual FDI in our country is not more than $700 million. If an investment of $800 million comes from a project, it is very important for our economy. It will create huge employment opportunities. BIDA is closely monitoring the progress of this project," he said.