South Asia Investor Review

South Asia Investor Review is a blog by Riaz Haq focused on reporting, analyzing and discussing the economy and the financial markets of countries in South Asia, including India, Pakistan, Bangladesh and Sri Lanka. It is designed to help international investors looking to learn about investing in South Asia. Riaz has another blog called Haq's Musings at http://riazhaq.blogspot.com

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Danish ship builders in city

Written by bangladesheconomy on

From: bangladesheconomy.wordpress.com

http://nation.ittefaq.com/issues/2009/11/09/news0041.htm

Danish ship builders in city

Staff Reporter

A delegation comprising 21 companies from Denmark arrived in the city to discuss with the local entrepreneurs for building ships considering the cheap labour markets in Bangladesh.

The Danish delegation will hold a meeting today with the representatives of 50 local ship-building companies in the country as the shipbuilding industry appears as a major export-earning sector.

With the development of this potential industry, the Danish delegation will hold extensive talks with the Bangladeshi entrepreneurs at hotel Westin today. Commerce Minister Faruk Khan will be present as chief guest.

Ship building in Bangladesh has evolved from traditional methods into a modern industry with a capacity of competing successfully in international markets.

The developments are encouraging in the country’s new and promising shipbuilding sector. Some ocean-going cargo vessels have already been exported by a local ship building company to Denmark and Mozambique.

Posted in Shipbuilding/Maritime Sector