What's new

Western Marine has launched two of eight ships for JSW India

We need to increase our ship building capacity. I read sometime ago that our ship yards have to say no to many orders because they don't have the capacity to build more ships.
 
This is how awami league kill and killing ship building industry.

BB doesn't favour shipbuilding fund on inflation fear
FE Report

Bangladesh Bank (BB) is not favour of creating the proposed Tk 50 billion fund for the country's shipbuilding industry as it fears the allocation will fuel inflation.

Recently, Banking Regulation and Policy Department of the central bank has given its opinion on the proposed fund to the Banking and financial institutions division (BFID) under finance ministry.

Earlier, the division had sought opinion from the central bank on the feasibility of forming such fund.

The Association of Export Oriented Shipbuilding Industries of Bangladesh has long been demanding the creation a 20-year re-financing fund at 5.0 per cent rate of interest.

http://www.thefinancialexpress-bd.c...ancialexpress-bd/IouH+(The+Financial+Express)
 
We need to increase our ship building capacity. I read sometime ago that our ship yards have to say no to many orders because they don't have the capacity to build more ships.
That is correct. Govt. was supposed to set up shipbuilding areas near Patenga in Ctg. But there are still plenty of 2nd tier builders at Meghna ghat and other places in ports with some excess capacity for oceangoing vessel builds of say 10,000 dwt sizes. But yes for the time being yards in Bangladesh are quite busy.

This is how awami league kill and killing ship building industry.

BB doesn't favour shipbuilding fund on inflation fear
FE Report

Bangladesh Bank (BB) is not favour of creating the proposed Tk 50 billion fund for the country's shipbuilding industry as it fears the allocation will fuel inflation.

Recently, Banking Regulation and Policy Department of the central bank has given its opinion on the proposed fund to the Banking and financial institutions division (BFID) under finance ministry.

Earlier, the division had sought opinion from the central bank on the feasibility of forming such fund.

The Association of Export Oriented Shipbuilding Industries of Bangladesh has long been demanding the creation a 20-year re-financing fund at 5.0 per cent rate of interest.

http://www.thefinancialexpress-bd.com/2016/10/25/50707/BB-doesn/'t-favour-shipbuilding-fund-on-inflation-fear?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+thefinancialexpress-bd/IouH+(The+Financial+Express)

Well i dont know details. But if we don't incentivise our shipbuilders right now then other countries will pick up the slack by lobbying their own govts. Bangladesh has excellent advantages in that local welder and shipwright labor is cheapest in the subcontinent and therefore, the world.
 
Back
Top Bottom