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Filipino investors urged to partner with Bangladeshi shipbuilders

50 YEARS OF FRIENDSHIP.Foreign Affairs Undersecretary Lourdes Yparraguirre raises a toast during the celebration of Bangladesh's Independence Day in Makati City on Monday (March 28, 2022) night. Joining her were Bangladesh Ambassador to the Philippines Borhan Uddin and Papal Nuncio to the Philippines Archbishop Charles John Brown. (PNA photo) MANILA - Bangladesh is inviting Filipino investors to partner with local shipbuilders, touting a flourishing shipbuilding industry in the country. "We have a wonderful shipbuilding industry in Bangladesh so we are trying to make some sort of cooperation with the Philippines in the sector," Ambassador Borhan Uddin told reporters on the sidelines of the Bangladesh Independence Day reception in Makati City Monday night. "The Philippines can order at a cheaper rate small size ships to be built in Bangladesh and investors from the Philippines can also make a joint venture with the shipbuilders in Bangladesh," he added. READ: Ban ....

Makati City , San Pedro Makati , Borhan Uddin , Bangladeshi Investment Development Authority , Foreign Affairs Undersecretary Lourdes Yparraguirre , Bangladesh Independence Day , Makati City Monday , Affairs Undersecretary Lourdes Yparraguirre , 50 Years Of Friendship Foreign Affairs Undersecretary Lourdes Yparraguirre Raisesa Toast During The Celebration Bangladesh 39s Independence Day In Makati City On Monday March 28 , 022 Night Joining Her Were Bangladesh Ambassador To The Philippines Borhan Uddin And Papal Nuncio Archbishop Charles John Brown Pna Photo Manila Is Inviting Filipino Investors Partner With Local Shipbuilders , Outinga Flourishing Shipbuilding Industry In The Country Quot We Havea Wonderful Bangladesh So Are Trying To Make Some Sort Of Cooperation With Philippines Sector , Uot Ambassador Borhan Uddin Told Reporters On The Sidelines Of Bangladesh Independence Day Reception In Makati City Monday Night Quot Philippines Can Order Ata Cheaper Rate Small Size Ships To Be Built And Investors From Also Makea Joint Venture With Shipbuilders , Uot He Added Read Bangladesh Ship Industry Sails On Amid Economic Woes There Are Around 100 Shipbuilders And 120 Registered Shipyards In While The Country Largely Works For Orders From Domestic Market , He Bangladeshi Investment Development Authority Said Its Shipbuilding Industry Is Positioned As An Emerging Player In The Global Market , Uot Competitive Enough For The Smaller Vessel Segment Benefiting From Relatively Cost Engineers And Workers Quot Bangladesh 39s Ship Breaking Recycling Industries , Hich Are Generally Located Close To Shipyards , Lso Allow Local Players To Procure Steel Materials With Ease As The Two Nations Celebrate 50 Years Of Diplomatic Relations , He Envoy Said Also Wanted To Explore More Areas Of Cooperation Dhaka And Manila Could Work On In The Following Years , Including Agriculture , Nd Glass Fiber Industries Quot We Have Wonderful Relations Maintained In The Past With Philippines , Till There Are So Many Areas Untapped We Trying To Explore Those , Uot Uddin Said Foreign Affairs Undersecretary Lourdes Yparraguirre The Next Round Of Philippines Bangladesh Policy Consultations Is Being Scheduled For Latter Part Year Quot In Our 50 Years Friendship , He Philippines And Bangladesh Have Worked Closely Together In Various Fields , Panning Cooperation In The Economic , Air Services , Nd Merchant Shipping Sectors We Hope To Expand These More Areas Of Cooperation ,