Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
NAME: FAIZ IBNE HOSSAIN NAME: WASIF UL ALAM COURSE: MGT 372
But the past reputation of Bangladesh often leads the country to unprecedented situations. For example, as mentioned in the article, MA Rashid, managing director of Karnaphuli Shipyard, said his company received a good number of queries on dredgers and container ships from the world's top shipbuilders and suppliers, but they are yet to reach a final decision. There the leading players of the industry also needs to take some drastic measures to overcome such doubts and misconceptions the international market has about the country as only by doing so will the industry be able to compete at full capacity in the international ship-building market. Bangladesh, over the last thirty-nine years of its existence, has been able to develop only a few export-oriented industries of any significance, and Shipbuilding is one of them. Competitive wage costs and easily trainable workers provide this country with a decisive edge over other prospective countries in this industry. As a result, Bangladesh can turn itself into a hub of shipbuilding in the global context for small and medium-sized vessels. In order to amplify the earnings for this shipbuilding sector government can also issue cash incentives which would contribute in establishing an integrated shipbuilding zone. Currently the Chittagong port has the most significant shipbuilding industry. Government can diversify the industry by setting up shipbuilding zones in other few areas specially Mongla, Meghna and Patuakhali. Such initiative will not only increase the export but also would be in a position to be more competitive than India, China and Vietnam, particularly in the less sophisticated segment of the industry. If such competitiveness can be achieved, this would lead to greater health and vitality of the existing shipbuilding companies and motivate new entrepreneurs to try out their hands in this growingly lucrative sector.