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Shipbuilding Export Growth in Bangladesh
- 2. Prospects of ship buil export from Banglade
- 3. ABID HOSSAIN TAZIMA BINTE OMAR SONIA RAHMAN CHOWDHURY TRINA PAUL 13302161 13302172 13302066 13302167 Durbar
- 4. d Ship Building • Design • Construction and maintenance • Research and development
- 5. History of shipbuilding in Bnagladesh Large fleets of warship docks 15th century
- 6. War ship 17th century History of shipbuilding in Bnagladesh
- 9. Bangladesh 2030: Next 6 Billion Dollar Opportunities Sector
- 10. Shipping export growth in 2030 Relax government regulatory Friendly environment 15% cheaper Prime ship Builders Country
- 11. • High FinancialCost. • Backwardness in IT technology. • Inadequate Power and Energy. • Require improvement in Design and Engineering. • Shipbuilding yard Infrastructure.Why need investment ?
- 12. d • Cheap labor & low production cost • Availability of technical competent personnel • Skilled & semi-skilled worker • Duty free market Prospects of ship building industries in Bnagladesh
- 13. Potentials of Shipbuilding in Bangladesh Bangladesh 0.5 India 1.O China 3.0 Singapore 6.0 Japan 12.0 France 13.0 Norway 14.0 Finland 15.0 Workforc e
- 14. Producti vity Country Weighted labour rate Weighted productibity Weighted average output cost Banglad esh 0.5 1.0 0.50 India 1.5 1.2 1.25 China 1.6 1.4 1.07 Korea 6.0 3.0 2.00 Singapo re 4.0 2.0 2.00
- 17. Capacity development Government Policy Government Help Capacity Development Capacity Development Shuold be 50 60 75 80 80 80 100 107 114 200 200 200 180 190 250 35 50 52 55 55 54 65 70 75 80 82 83 110 121 200 0 50 100 150 200 250 300 200020012002200320042005200620072008200920102011201220132014 Demand of World Trade(DWT) Supply by Global Shipyard Shipbuilding demand is a function of shipping activities and in turn of sea borne commerce , national water trades , any water borne activities such as- fishing ,
- 18. 1.Replacement of requirement of small ship in European waters 2.Enforcement of use of double skin tankers. 3.A strong of fuel efficient ships. 4.Restriction including emission limits to hold good environment 5.Higher required human input in these sectors. Capacity development Government Policy Government Help Capacity Development Capacity Development Shuold be
- 19. Capacity development Government Policy Government Help Diversification of exportAttract foeign INvestment Economic policy
- 20. 12 year tax rebate NBR facilty 5% corporate tax Capacity development Government Policy Government Help 5% tax facility Set up special zo 20% subsidy
- 21. S T OW
- 22. S Strength • Ample supply of skilled labor • Low cost, high productivity labor • Skilled labor's knowledge of English • Accredited training institute available to train artisans • Favorable geographical advantages
- 23. W Weakness • Lack of raw materials and component • Traditional Banking system • Delays in shipbuilding process • Scarcity of capital • Backwardness in technology • Weak diplomacy • Lack of comprehensive skill development
- 24. O Opportunit • International demand • Decreased demand for large shipping may increase demand for smaller ships • 55% of world's small ships older than 20 years • Government providing bank guarantees • Creation of EPZs for shipbuilder • Utilizing foreign currency accounts
- 25. T Threat • General negative perception of Bangl • Waterways depressed the price of shi • High start-up costs • International financial crisis • Over-eagerness and lack of experienc labor • Non-recognition of Bangladeshi bank • High costs involved in the banking sec • Increased finance expenses
- 26. Accepting the Challenges • Skilled worked force • Need reasonable infrustructure • Long term government policy support. • Allied forward and backward linkage industries. • Towing tank • Thrust sector. • Developing shipbuilding villages • Green Channel facility • Tax holidays