Closing Ceremony

Potentials and advantages of Bangladeshi shipbuilding industry lies in growing domestic market, competitiveness for international small vessel segment, and availability of skilled engineers and workers. The World Bank Group estimates that Bangladeshi shipbuilding grows at 10-15% per annum on average for the next decade. Today, Bangladesh has more than 100 shipbuilding yards, with most serving the local market, worth more than Tk 3,000 crore.

Our economy has needed to diversify its product and export basket and reduce our dependence on the RMG sector, the shipbuilding industry so that it can become a major foreign currency earning source for the country.