In addition with some one hundred large and medium private yards, we are now getting foreign investments and collaboration/ToT in the shipbuilding sector.
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Gentium-Damen Consortium to build world-class shipyard in Patuakhali
14 January, 2020 12:00 AM
The Gentium-Damen Consortium Group, a joint venture of Dutch based Damen Group and Australia based Gentium Solutions, is set to construct a new world class shipyard at Char Nissanbaria and Madhyopara Mouza near the Payra port under Patuakhali district.
In this regard, a Memorandum of Understanding (MoU) will be inked today (Tuesday) between Bangladesh Steel and Engineering Corporation (BSEC) and Gentium-Damen Consortium Group at Industries Ministry conference room in the city.
Industries Minister Nurul Majid Mahmud Humayun will be present at the signing function as the chief guest while State Minister for Industries Kamal Ahmed Mojumder will attend as the special guest.
Industries Secretary Abdul Halim will preside over the function. Secretary of the BSEC Engineer Md Abul Khayer Sardar and Area Director for Asia Pacific of the Dutch Conglomerates Damen Group Roland Briene and Co- Chairman of the Gentium Solutions Group (Australia) Ikthedar Hassan Murad will sign the MoU on behalf of their respective sides.
Talking to BSS, Ikthedar Hassan Murad said Gentium-Damen Consortium Group will take steps for feasibility study to develop the world class shipyard after signing the MoU.
“We are running shipyard in more than 35 countries, including China, Vietnam and Poland. This will be our first shipyard in a South Asian country.
After the feasibility study, we can assess our investment in the project,” he added.
Murad said they will complete the feasibility study within one year and focus on export related products.
As per the Industries Ministry, the key aim of this MoU is to bring together Global Tier 1 European Shipbuilding and Marine experience, global best practices into the business of Bangladesh, and bring a deep understanding of and a passion for Bangladesh with a desire to assist the country on its exciting development path.
Construction of the proposed facility will see the introduction and transfer of cutting-edge industry knowledge and expertise to Bangladesh and provide strong employment for the region.
It is envisioned that many ships and vessels produced at the proposed Shipbuilding Facility will be designed and built specifically for the export market, driving remittances into Bangladesh and building sustainable employment.
The Shipbuilding Facility will also assist the local Bangladesh market with the task of meeting the very high levels of demand for Dredging equipment, (shallow draft) ships, and large-scale cargo ships. The proposed Shipbuilding Facility will also have the capacity to produce more sophisticated scientific, research, exploration, and defence equipment in the coming years.
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Damen-Gentium JV to build shipyard in Bangladesh
AMSTERDAM, January 15, 2020
The Gentium-Damen Consortium Group, a joint venture between Netherlands-based Damen Shipyards Group and Australia’s Gentium Solutions, yesterday (January 14) signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka, for the construction of a shipyard in the country.
Also present at the signing ceremony were representatives of the Netherlands Embassy in Bangladesh, who are supporting Gentium-Damen in their undertaking, said a statement.
The goal of the MoU is to establish and develop a shipbuilding and ship repair industry in the Bangladesh, it said.
The aim is to build ships in Bangladesh, for Bangladesh, with a long-term view of serving export markets. The partners in the MoU will undertake a number of tasks in this direction, it added.
First amongst these will be the establishment of a shipbuilding and repair facility built to globally recognised environmental and building standards. The standard of the facility will be sufficient for the construction and delivery of seagoing vessels able to compete in the global marketplace.
As part of their role in the MoU, Gentium-Damen will facilitate a transfer of technology and knowledge to help Bangladeshi personnel develop the skills required to serve the international maritime industry. As a result of this, the MoU will create significant training and employment opportunities within Bangladesh.
Roland Briene, area director Asia Pacific of Damen Shipyards Group, who signed the MoU on behalf of Damen, said: “We are very pleased to be participating in this MoU. Damen has a long track record of skills and knowledge transfer of which we are immensely proud.”
“It is our philosophy and practice to help develop the shipbuilding and maritime industries in the countries in which we operate. This includes investing in the establishment of high quality facilities and equipment and the training of local personnel,” he said.
“Time and again we have witnessed this leading to the establishment of sustainable shipbuilding initiatives able to serve the global marketplace. We are very much looking forward to applying our experience, along with our partners Gentium and the Ministry of Industry, here in Bangladesh,” he added.
