A study on the challenged encountered by the ship building Industry of Bangladesh

Abstract

Regardless of having a splendid background as a shipbuilding country since its inception the shipbuilding industry in Bangladesh got its necessary attention and focus only a few years back. By the belief and positivity among the native entrepreneurs is a major factor for all the accomplishment of this industry. They had the positive mindset of building ships and hand over ocean – going vessels to the external consumers. Since then the industry did not have to go back to its old form. Opportunities are knocking at the door. Although the industry has a lot to do in order to flourish like any other shipbuilding industries in the world. However, an overview of the industry in order to analyse and complement the issues and complexity is inevitable. This paper mainly focuses on the competitive factors and crucial issues that has not been immovable yet. With aspect to the existing situation of the industry few recommendations have been made as well.