Khulna shipyard to build 5 warships for Bangladesh Navy

http://www.bssnews.net/newsDetails.php?cat=2&id=165876&date=2011-03-10

Khulna shipyard to build 5 warships for Bangladesh Navy

Khulna Shipyard will build five warships for Bangladesh Navy in the next 42 months at a cost of Taka 300.

Prime Minister Sheikh Hasina on March 5 inaugurated the construction of the warships and a training school for the Navy.

“Khulna Shipyard will build more vessels for export after completing the five warships”, newly appointed Managing Director of the state-owned shipyard Commodore Riaz Uddin Ahmed told journalists at his office today.

The managing director said the government has already acquired necessary land for the shipyard to build bigger ships for export.

He said the shipyard built 75 river vessels and repaired another 321 boats since 1999 when it contributed Taka 24 crore as revenue to the national exchequer.

Ahmed said the shipyard, which earned a profit of Taka 10 crore last year, would fetch more profit in future by building more vessels and repairing jobs.

He said the shipyard was on the verge of closure, but the Awami League government in 1999 revived the shipyard by handing it over to the Bangladesh Navy.

A total of 750 workers are now working at the shipyard,which has already been turned into as a profitable public property.

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