Shipbuilders for backward linkage industries

http://www.bssnews.net/newsDetails.php?cat=0&id=154792&date=2011-01-11

Shipbuilders for backward linkage industries

DHAKA, Jan 11 (BSS) – Local shipbuilders have suggested setting up of more backward linkage units to help them adding more value to the country’s growing shipbuilding sector for increasing its competitiveness in the global market.

Presently, around 90 percent of the machinery, parts and other tools are imported for shipbuilding, said a group of local shipbuilders participating in an international exhibition on Maritime Technology, Shipbuilding and Renewable Energy began at a local hotel today.

They expressed satisfaction at the growth of shipbuilding industry and said Bangladesh has emerged as a shipbuilding nation from a ship-breaking one.

Industries Minister Dilip Barua opened the three-day exhibition while Chairman of Western Marine Shipyard M Saiful Islam and chairman of Highspeed Shipyard KM Mahmud-ur-Rahman focused on the shipbuilding growth and it’s future prospects.

Denmark ambassador Svend Olling, Chinese ambassador Zhang Xianyi and Indonesian ambassador Zet Mirzal Zainuddin, Vice- Chairman of Export Promotion Bureau (EPB) Jalal Ahmed, Shipping Secretary Abdul Mannan Howlader, Chief Executive Officer of Infrastructure Development Company Limited (IDCOL) Islam Sharif were among others who spoke on the occasion.

Dilip Barua said it took 25 years to earn 10 billion US dollars by the Readymade Garments (RMG) sector. He expressed the hope that the shipbuilding sector can do the same in around 10 years.

Saiful Islam, President of Bangladesh-German Chamber of Commerce and Industry (BGCCI). said despite limitations like power shortage and inadequate infrastructure facility , country witnessed 41 percent growth in export earning in the last 10 months of the current fiscal.

Mahmud-ur-Rahman, who chaired the function, said the country must increase shipbuilding facilities to exploit the growing opportunity of ship export as the western economies are now focusing more on South Asian countries for cheaper labour cost.

“Proper strategies and short and long term policies would expand the facility to build ships of higher tonnage, said Rahman.

In early 70s Denmark sent war-torn Bangladesh a ferry boat to help improve its river communication system and recently the Scandinavian country bought an ocean going ship from Bangladeshi said Svend Olling.

Zhang Xianyi lauded Bangladesh’s business community for their initiatives and said Bangladesh’s export to China is on the rise.

“Indonesia can be a prospective market for ships built in Bangladesh, Mirzal Zainuddin.

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