A Study on Present Scenario of Bangladesh Ship Building Industries, Underlying Problems and Probable Solution

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  •   Mohammad Takiuddin Saki

  •   Md. Naser Ali

  •   Mohammad Ali Martuza

Abstract

We are living in a competitive world. To develop economic condition of any country, industrial sector plays a major role. There are so many industries in our country in our country. Among these sector ship building is an important activity in context of Bangladesh. Ship building industries have been located along the coastal belt and riverbanks of Bangladesh. Ship building industry generates large amount of revenues for the country. The sea borne cargo growth is increasing 6-8% per year and demand of new ship building is increasing at the rate of 3-4% per year. Considering the world market and internal market, it is assumed that Bangladesh has a bright future to elevate herself as a ship building nations in the world market and surely that factor should encourage more Bangladeshi entrepreneurs to come forward in this business. Experts say more than 55% of the world`s ship are more than 20 years old and need replacing. Globally, this small and medium sized ship market is worth around $400 billion. If Bangladesh can get 1% of this market, then it amounts to $4 billion. Our research deals with the last few condition of ship building industry in Bangladesh. We also discuss about the condition of worker and environmental pollution & underlying problems of shipbuilding in Bangladesh. Finally, we formulating some suggestion which can be taken by the government and the private sector to improve the condition of ship building industry and creating demand for our ships in the world market.


Keywords: Ship Building, Coastal Belt, Global Economic Recovery, Entrepreneurship

References

https://en.wikipedia.org/wiki/shipbuilding in Bangladesh

http://en.wikipedia.org/wiki/Ship#History

http://en.wikipedia.org/wiki/Ship

http://en.wikipedia.org/wiki/Ship#Types_of_ships

https://en.wikipedia.org/wiki/Shipbuilding

Shipbuilding statistics, shipbuilder Association of japan. March, 2014

HELLENIC SHIPPING NEWS WORLDWIDE, April edition, 2014

N.M GolamZakaria, N.M.G., Hossain, K.A.,2010 “service providers and supporting industries of shipbuilding sector in Bangladesh and its impact on overall development”, 13th Annual paper meet, Mechanical Engineering Divisions, IEB, paper no. MED-38, September 25, Dhaka.

Shahabullah, M., 2009, “Shipbuilding industry of Bangladesh and its Export possibility, EPB of Bangladesh”, The Daily Ittefaq&The Daily Star, 01 January.

Hossain, K.A. and Zakaria, N.M.G., 2008, “Potentiality and Prospect of shipbuilding Industries in Bangladesh”, journal of NOAMI, vol.25, No.2, pp. 33-54

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How to Cite
[1]
Saki, M., Ali, M. and Martuza, M. 2019. A Study on Present Scenario of Bangladesh Ship Building Industries, Underlying Problems and Probable Solution. European Journal of Engineering Research and Science. 4, 10 (Oct. 2019), 98-102. DOI:https://doi.org/10.24018/ejers.2019.4.10.1559.