Shipbuilding in Bangladesh
Bangladesh has a long history of shipbuilding. It has over 200 shipbuilding companies.[1][2] Some of the leading shipbuilding companies of Bangladesh include Ananda Shipyard & Slipways Limited, FMC Dockyard Limited, Western Marine Shipyard, Chittagong Dry Dock Limited, Khulna Shipyard and Dockyard and Engineering Works.
History
Due to the riverine geography of Bangladesh, ships have been playing a major role in the trade affairs of the people of this country since the ancient times. According to the accounts of the 14th century
Mughal era
During the Mughal Empire, the province of Bengal Subah had a large shipbuilding industry. Economic historian Indrajit Ray estimates shipbuilding output of Bengal during the sixteenth and seventeenth centuries at 223,250 tons annually, compared with 23,061 tons produced in nineteen colonies in North America from 1769 to 1771.[5] He also assesses ship repairing as very advanced in Bengal.[5]
Bengali shipbuilding was advanced compared to European shipbuilding at the time. An important innovation in shipbuilding was the introduction of a
Modern era
In 1979, the sector received its first foreign investment after the independence of Bangladesh when Mitsui Engineering and Shipbuilding Industry, a Japanese enterprise, formed a joint venture with High Speed Shipyard of Bangladesh to establish a shipyard at Fatullah, Narayanganj. By the 2000s, several more private shipyards were established and in 2008, Bangladesh became a ship exporting country.[3]
Industry
The potentials of shipbuilding in Bangladesh has made the country to be compared with countries like China, Japan and South Korea.[9] Referring to the growing amount of export deals secured by the shipbuilding companies as well as the low cost labor available in the country, experts suggest that Bangladesh could emerge as a major competitor in the global market of small to medium ocean-going vessels.[1][10][11]
References
- ^ a b "Shipbuilding Industry Taking Off in Bangladesh". The Korea Times. 2010-03-25. Retrieved 2016-10-01.
- ^ "Prospects of shipbuilding industry in Bangladesh". Daily Sun. Archived from the original on 2013-12-17. Retrieved 2014-01-04.
- ^ a b c "Shipbuilding Industry". Banglapedia.
- ^ a b "Prospects of shipbuilding industry in Bangladesh". New Age. Archived from the original on 2013-12-17. Retrieved 2015-07-30.
- ^ ISBN 978-1-136-82552-1.
- ^ "Technological Dynamism in a Stagnant Sector: Safety at Sea during the Early Industrial Revolution" (PDF).
- ^ "Shipbuilding prospects shine bright". The Daily Star.
- ^ "$30.12m export earnings from shipbuilding in 10 months". Dhaka Tribune. 2018-05-27. Retrieved 2020-01-18.
- ^ "Bangladesh shipbuilding goes for export growth". BBC News.
- ^ "Bangladesh turns from hulk-breaking to shipbuilding". Asia Times. Archived from the original on 2012-06-01.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ "Experts for promoting shipbuilding business". The Bangladesh Today.