EC to Support Bangladeshi Shipbuilders

Monday, June 02, 2008

Head of the Delegation of European Commission (EC) Dr. Stefan Frowein said that the EC would provide necessary support to the local shipbuilders for letting them relatively stronger footing in the global market.
The European Commission envoy made the remark during a visit to the Western Marine Shipyard Limited (WMSL) to oversee the progress of Danish order for three ocean-going vessels and the other facilities.
The Western Marine, which makes its footprint in global shipbuilding market in February this year, has already received orders for building 18 ocean-going ships. Five of the 18 vessels had been ordered by a Danish company, twelve for a Dutch company and the rest for a Singaporean company.
The country will earn foreign currency worth $180 million from the orders, the New Nation said.
During the visit, officials of the WMSL briefed the EC envoy about the progress of the ongoing projects. The EC envoy expressed his satisfaction over the progress of the projects.
Assuring steadfast support of EC, Stefan urged the shipbuilding companies to go 'full steam ahead' with the shipbuilding business as the three companies based in had captured significant orders from in recent months.

Source:  The New Nation

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