Bangladesh is competing with Japan and China for ship exports

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RedGreenBD
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Bangladesh is competing with Japan and China for ship exports

Bangladesh competes with Japan and China for ship exports

Bangladesh competes with Japan and China for ship exports

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Bangladesh is known mostly as a shipbreaking nation, with dozens of ageing container vessels heading towards its southern coast for scrap.

However, in recent years it has also emerged as a shipbuilding country.

Shipbuilding yards in Bangladesh are now exporting small and medium-sized ships for the highly competitive European market.

Since 2008, Bangladeshi yards have manufactured and exported ferries, cargo vessels, and ocean-going multi-purpose ships worth more than $500m (£320m).

The vessels were built for countries including Denmark, Germany and Finland.

http://www.bbc.co.uk/news/business-19364666