Gentium Solutions from Australia and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka to develop shipbuilding and ship repair capabilities in the south Asian country.
The companies will now set about developing a yard for shipbuilding and repair in the country with an eye to serving the export market. The site chosen is 105 acres of land in in southern Patuakhali.
Damen Shipyards Asia Pacific director Roland Briene commented, “Damen has a long track record of skills and knowledge transfer of which we are immensely proud. It is our philosophy and practice to help develop the shipbuilding and maritime industries in the countries in which we operate. This includes investing in the establishment of high quality facilities and equipment and the training of local personnel. Time and again we have witnessed this leading to the establishment of sustainable shipbuilding initiatives able to serve the global marketplace.”
