Bangladesh can grow as a major shipbuilding nation
Sunday, 1 November 2009
FE Report
A 23-member team of German Asia-Pacific Business Association (OAV), a network of German companies doing business in Asia, Thursday visited the Western Marine Shipyard Ltd in Chittagong.
The OAV team, comprising representatives from shipbuilding, designing, engineering, energy and IT sectors, was headed by Peter Clasen, owner of world's renowned merchant shipper Wilheim G Clasen.
During the visit, CF Zaman, country manager of Germanischer Lloyd, and Arifur Rahman Khan, technical director of Western Marine Shipyard and Capt Md Jahirul Haque, representative from Chittagong Port Authority were present.
Western Marine Shipyard Ltd Managing Director Sakhawat Hossain made a presentation on the activities of the company during a seminar organised to mark the visit.
The delegation members told the seminar that they found huge potentiality of Bangladesh to grow as a major shipbuilding nation.
The speakers said that shipbuilding sector could be Bangladesh's next flagship industry after RMG with potentials to earn billions of dollars.
Chairman of Western Marine Shipyard Saiful Islam said Bangladesh government had liberalised its macro-economic policies progressively to attract more foreign investment.
"The government has also offered incentives and facilities including floating exchange rate and guaranteed repatriation by legislation of capital and profit," added Islam welcoming German investors to exploit the opportunities.
Abdul Mobin, director (Shipyard) of Western Marine Services, delivered vote of thanks.
A 23-member team of German Asia-Pacific Business Association (OAV), a network of German companies doing business in Asia, Thursday visited the Western Marine Shipyard Ltd in Chittagong.
The OAV team, comprising representatives from shipbuilding, designing, engineering, energy and IT sectors, was headed by Peter Clasen, owner of world's renowned merchant shipper Wilheim G Clasen.
During the visit, CF Zaman, country manager of Germanischer Lloyd, and Arifur Rahman Khan, technical director of Western Marine Shipyard and Capt Md Jahirul Haque, representative from Chittagong Port Authority were present.
Western Marine Shipyard Ltd Managing Director Sakhawat Hossain made a presentation on the activities of the company during a seminar organised to mark the visit.
The delegation members told the seminar that they found huge potentiality of Bangladesh to grow as a major shipbuilding nation.
The speakers said that shipbuilding sector could be Bangladesh's next flagship industry after RMG with potentials to earn billions of dollars.
Chairman of Western Marine Shipyard Saiful Islam said Bangladesh government had liberalised its macro-economic policies progressively to attract more foreign investment.
"The government has also offered incentives and facilities including floating exchange rate and guaranteed repatriation by legislation of capital and profit," added Islam welcoming German investors to exploit the opportunities.
Abdul Mobin, director (Shipyard) of Western Marine Services, delivered vote of thanks.