Update December 15, 2014

Dhaka 12-02 am, 27-September, 2021

European Union (EU) urged to invest in the country’s shipbuilding industry

Online Desk

Shipbuilding industry

Shipbuilding industry

DHAKA, Dec 15, 2014 Nirapad News : Entrepreneurs from European Union (EU) have been urged to invest in the country’s shipbuilding industry having immense potential to become a major export earning sector.

Industries minister Amir Hossain Amu made the call on Sunday at a meeting, held at his office with ambassador and the head of delegation of the Delegation of European Union to Bangladesh Pierre Mayaudon.

After the meeting, the industries minister told journalists that he had called on the EU investors to be part of joint venture projects in the planned shipbuilding and recycling industries in Paira Seaport, Patuakhali and Pategna, Chittagong.

The minister said they also had discussions on some issues related to workers’ rights and workplace safety when the EU ambassador was informed that the government had already taken a number of effective initiatives to ensure workers’ right, workplace safety and skill development in industries covering the apparel and leather sectors.

Besides, he said he urged the EU to extend the technical and training assistance in leather, pharmaceuticals, IT and human resource development sectors.

Praising the industrial growth of Bangladesh achieved in the past few years, Mayaudon hoped that the country would be in the middle-income group by 2021 if the present trend of economic growth continues.

He advised that Bangladesh should take effective steps towards getting GSP Plus facilities from EU once it is promoted to middle-income group.

The EU ambassador lauded the recent improvement in the readymade garment (RMG) sector, but suggested that the country address industrial diversification including further development of shipbuilding, IT, pharmaceuticals and leather industries.

He said the EU would implement a 7-year development programme for skill development in the country’s industrial sector, which would include training in education, nutrition and food security.

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