Industrial modelling emphasised to harness blue economy

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Business Desk :
Bangladesh can overcome many of post-LDC graduation challenges by harnessing huge resources hidden in its bay-based blue economy, experts say and suggest urgent industrial modelling based on the riches.
Experts and businesspeople eye huge jobs, foreign investments and exports in multifaceted industries that can be built using the marine resources in 19,467-square-kilometre resource-rich bay area Bangladesh got through dispute settlement with India and Myanmar in international arbitration.
Huge offshore oil and gas reserves are yet beyond reach, they said at a meet, striking a note of optimism that the potential ocean economy may change the whole ecosystem of Bangladesh’s economy.
Marine resources-based industries in tourism, shipbuilding, deep-sea fishing, container, medicine, cosmetics and the like can be developed.

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