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Khulna Shipyard Limited – A Bangladesh Navy success story

Discussion in 'Bangladesh Defence Forum' started by Mage, Nov 12, 2017.

  1. Mage

    Mage SENIOR MEMBER

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    Khulna Shipyard Limited – A Bangladesh Navy success story
    [​IMG]
    Vessels made in Khulna Shipyard Limited Courtesy
    The shipyard was marked as a 'sick industry' in 1990
    Khulna Shipyard Limited, a ship construction and repair yard owned by the Bangladesh government and managed by the Bangladesh Navy, has finally become a profitable organisation after operating at a loss for decades.

    When Bangladesh Navy took charge of the organisation in 1999, the shipyard was in debt to the tune of Tk100cr. Now, it has the potential to receive orders from foreign countries to build giant warships.

    According to Khulna Shipyard Limited Managing Director Commodore Anisur Rahman Mollah, Khulna Shipyard Limited has previously built five warships for the nation and is currently making even bigger vessels.

    “If the shipyard can ensure such continuous progress, it will receive orders from foreign countries to build ships,” he said.

    President Abdul Hamid inaugurated two LPCs and two Tagboard vessels on Wednesday, both of which have been built by Khulna Shipyard Limited.

    The shipyard maintains at least three patrol vessels of Bangladesh Coastguard, six high-speed boats, two survey vessels of Bangladesh Navy and two pilot vessels of Payra port on a regular basis.

    Commodore Anisur added that the shipyard was once at risk of being shut down due to the consistent losses. “Now it is making a profit and and pays the highest taxes of any organisation in Khulna.”

    Prime Minister Sheikh Hasina and the Khulna Shipyard Limited board of directors have directed the Bangladesh Navy to expand the shipyard on a 162-acre piece of land in Barguna.

    Commodore Anisur said the purchasing procedures for the land had almost been completed.

    “The 162-acres of land in Barguna will cost between Tk22cr and Tk23cr. The papers have been submitted to the Barguna deputy commissioner,” he said.

    The shipyard also owns a 43-acre piece of land in Mongla, which was purchased in 2011, and is planned to be used for a forward shipyard.

    The shipyard began its journey on November 23, 1957. It had been under the management of British and German engineers until 1965, when the East Pakistan Industrial Development Corporation (EPIDC) took charge of the organisation.

    After independence, Bangladesh Industrial Development Corporation (BIDC) was the parent organisation of the shipyard. Later in 1976, the shipyard was handed over to the Bangladesh Steel and Engineering Corporation (BSEC).

    The shipyard was marked as a “sick industry” in 1990.

    On October 3, 1999, Prime Minister Sheikh Hasina handed over the shipyard to the Bangladesh Navy. The organisation has been making profit every year since.

    http://www.dhakatribune.com/bangladesh/2017/11/08/khulna-shipyard-bangladesh-navy/
     
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  2. Mage

    Mage SENIOR MEMBER

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    Just get rid of trade unions and bureaucracy, many more govt organizations will start to make profit.
     
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  3. Arthur

    Arthur FULL MEMBER

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    Trade unions in gov. sector are mostly chasham khor bas8rds up to no good. Most of the gov. business and industries are failing cuz of these shuarse.
     
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