A recent German business delegation to Bangladesh has shown keen interests in buying more ships from local shipbuilders.
Peter Clasen, head of the 21-strong group that visited the country late last month, said Bangladesh offered skilled but cheaper ship building compared with China, India and Vietnam. Local ship builders have said Bangladesh could fetch up to $1 billion in ship orders if the country could increase the number of ship building yards to six from the present two.
"Bangladesh has huge potential in its ship building industry. Its labourers are skilled and cheaper than those in China, India and Vietnam," Clasen said. "We are very much interested in buying ships from Bangladesh, which could turn into a production base in South Asia," he said. Clasen also termed Bangladeshi carpenters ?world class?.
