Bangladesh has unveiled a sweeping 30-year development master plan to transform the coastal region of Matarbari-Maheshkhali into a global commercial and logistics hub, in a bid to reposition the country within the international trade and supply chain ecosystem.

Modelled on global port cities such as Shanghai and Singapore, the initiative is expected to add up to US$150 billion to GDP, attract US$60–65 billion in investment, and create as many as 2.5 million jobs by 2055.