On January 14 2020, Australian Investment Group Gentium Solutions and Dutch ship building group, Damen Shipyards have signed a Memorandum of Understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka with an aim to establishing and developing a shipbuilding and ship repair industry in Bangladesh.
The goal is to build ships in Bangladesh, for the country, with a long-term view of serving export markets. The partners in the MoU will undertake a number of tasks in this direction, Damen said in a statement.
The Dutch shipyard owner said the shipbuilding and repair facility would be built following globally recognised environmental and building standards, for the construction and delivery of seagoing vessels able to compete in the global marketplace.
As part of their role in the MoU, Gentium-Damen will facilitate a transfer of technology and knowledge to help Bangladeshi personnel develop the skills required to serve the international maritime industry with training and employment opportunities within Bangladesh.
Area director Asia Pacific of Damen Shipyards Group Roland Briene, who signed the MoU on behalf of Damen, said: “We are very pleased to be participating in this MoU. 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 to develop the shipbuilding and maritime industries in countries where 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. We are very much looking forward to applying our experience, along with our partners Gentium and the Ministry of Industry, here in Bangladesh.”
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