[size=18pt][b]Ship Building Sector[/b][/size]

[Mrittika Shil]

Ship Building Sector

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-Number of Companies: 130
-Ships made in Bangladesh are 15% cheaper than even Chinese ships and are of the same quality
-The productivity of labors is good & average hourly labor charge in is only US$ 1.00
-Global shipbuilding market size is US$ 1,600 billion. 1% of the global order for only small ships market the amount will be worth US$ 4 billion for Bangladesh
-Present capacity is 0.84% of global shipbuilding production
-Declared as “Thrust Sector” in a different policy.
-5 %t incentive on export
Source: BIDA