The government is planning to build a world-class shipyard near Payra seaport in Patuakhali costing around Tk14,000 crore. Gentium Solutions, a Singapore and Australia-based company, and Damen Shipyards Group, a Netherlands-based company, are willing to finance the direct investment (FDI) project. At that time, they handed over the feasibility study report of the project to the industries minister. During the meeting, Humayun said the government wants to go from a “ship buying nation” to a “ship building nation”. He said that the government will extend all possible cooperation in setting up a world-class shipbuilding factory.

Source: Dhaka Tribune January 24, 2022 21:20 UTC