Economic Reporter :
The Gentium-Damen Consortium Group, a joint venture of Dutch based Damen Group and Australia based Gentium Solutions, is set to construct a new world class shipyard at Char Nissanbaria and Madhyopara Mouza near the Payra port under Patuakhali district.
In this regard, a Memorandum of Understanding (MoU) will be inked today (Tuesday) between Bangladesh Steel and Engineering Corporation (BSEC) and Gentium-Damen Consortium Group at Industries Ministry conference room in the city.
Industries Minister Nurul Majid Mahmud Humayun will be present at the signing function as the chief guest while State Minister for Industries Kamal Ahmed Mojumder will attend as the special guest. Industries Secretary Abdul Halim will preside over the function.
Ikthedar Hassan Murad said Gentium-Damen Consortium Group will take steps for feasibility study to develop the world class shipyard after signing the MoU.
“We are running shipyard in more than 35 countries, including China, Vietnam and Poland. This will be our first shipyard in a South Asian country.After the feasibility study, we can assess our investment in the project,” he added.
Murad said they will complete the feasibility study within one year and focus on export related products.
As per the Industries Ministry, the key aim of this MoU is to bring together Global Tier 1 European Shipbuilding and Marine experience, global best practices into the business of Bangladesh, and bring a deep understanding of and a passion for Bangladesh with a desire to assist the country on its exciting development path.
Construction of the proposed facility will see the introduction and transfer of cutting-edge industry knowledge and expertise to Bangladesh and provide strong employment for the region.
It is envisioned that many ships and vessels produced at the proposed Shipbuilding Facility will be designed and built specifically for the export market, driving remittances into Bangladesh and building sustainable employment.
The Gentium-Damen Consortium Group, a joint venture of Dutch based Damen Group and Australia based Gentium Solutions, is set to construct a new world class shipyard at Char Nissanbaria and Madhyopara Mouza near the Payra port under Patuakhali district.
In this regard, a Memorandum of Understanding (MoU) will be inked today (Tuesday) between Bangladesh Steel and Engineering Corporation (BSEC) and Gentium-Damen Consortium Group at Industries Ministry conference room in the city.
Industries Minister Nurul Majid Mahmud Humayun will be present at the signing function as the chief guest while State Minister for Industries Kamal Ahmed Mojumder will attend as the special guest. Industries Secretary Abdul Halim will preside over the function.
Ikthedar Hassan Murad said Gentium-Damen Consortium Group will take steps for feasibility study to develop the world class shipyard after signing the MoU.
“We are running shipyard in more than 35 countries, including China, Vietnam and Poland. This will be our first shipyard in a South Asian country.After the feasibility study, we can assess our investment in the project,” he added.
Murad said they will complete the feasibility study within one year and focus on export related products.
As per the Industries Ministry, the key aim of this MoU is to bring together Global Tier 1 European Shipbuilding and Marine experience, global best practices into the business of Bangladesh, and bring a deep understanding of and a passion for Bangladesh with a desire to assist the country on its exciting development path.
Construction of the proposed facility will see the introduction and transfer of cutting-edge industry knowledge and expertise to Bangladesh and provide strong employment for the region.
It is envisioned that many ships and vessels produced at the proposed Shipbuilding Facility will be designed and built specifically for the export market, driving remittances into Bangladesh and building sustainable employment.
