Shipbuilding in Bangladesh

Shipbuilding is a growing industry in Bangladesh subsequent to open to potentials.[49][50] The potentials of shipbuilding in Bangladesh has made the country to be compared once countries when China, Japan and South Korea.[51] Referring to the growing amount of export deals secured by the shipbuilding companies as neatly as the low cost labour closely in the country, experts counsel that Bangladesh could emerge as a major competitor in the global push of little to medium ocean-going vessels.[52]

Bangladesh furthermore has the world's largest ship breaking industry which employs beyond 200,000 Bangladeshis and accounts for half of all the steel in Bangladesh.[53] Chittagong Ship Breaking Yard is world's second-largest boat breaking place.

Khulna Shipyard Limited (KSY) as soon as greater than five decades of reputation has been leading the Bangladesh Shipbuilding industry and had built a broad spectrum of ships for domestic and international clients. KSY built ships for Bangladesh Navy, Bangladesh Army and Bangladesh Coast Guard out cold the covenant of ministry of excuse