Tuesday, February 19, 2008

Ship Building Industry: A Potential Sector For the Economy of Bangladesh

Recently, a local ship building company, Ananda Shipyards & Slipways Ltd., has started building quality ships. It is doing great in delivering orders to foreign countries. We never had the shortage for skilled personnel to do it but we lacked entrepreneurship in this area. This company has received orders of worth $200 million recently from Germany, Denmark and Mozambique. This proves that we can build products with high enough quality to enter developed markets. As China and India is making huge money in this industry, I think Bangladesh also has bright prospect. As usual, if we look for help from the government, nothing will happen (a perfect example is IT industry). I hope more entrepreneurs will come forward to follow the example of Ananda Shipyards. The link of the story is here:


No comments: