http://www.theindependent-bd.com/details.php?nid=147953
German business team visits Western Marine
STAFF CORRESPONDENT, CHITTAGONG
Oct 30: A 23-member team of German Asia-Pacific Business Association (OAV), a network of German companies doing business in Asia, visited the country’s leading shipyard Western Marine Shipyard Ltd in Chittagong last afternoon.
The OAV team, comprised of representatives from shipbuilding, designing, engineering, energy and IT sectors, was headed by Peter Clasen, owner of 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 about the activities of the company during a seminar organised to mark the visit.
In the seminar, the delegation members said that they see huge potential of Bangladesh to grow as a major shipbuilding nation.
The speakers expressed that shipbuilding sector can be Bangladesh’s next flagship industry after RMG with potential 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 rate of exchange and guaranteed repatriation of capital and profit by legislation, added Islam welcoming the German investors to exploit the opportunities. Abdul Mobin, Director (Shipyard) of Western Marine Services, moved vote of thanks.