‘Bangladesh engaged on sustainable growth of ship recycling business’ – 2024-06-03 03:04:55

by times news cr

2024-06-03 03:04:55

Industries Minister Nurul Majid Mahmud Humayun mentioned that Bangladesh is engaged on the sustainable growth of the ship reprocessing business by upholding and implementing the Hong Kong Conference. Bangladesh could be very honest on this regard and wishes full cooperation of Worldwide Maritime Group (IMO). The IMO Secretary Common’s go to to Bangladesh is anticipated to speed up this.

The Minister of Business mentioned these items to reporters after a gathering with IMO Secretary Common Arsenio Antonio Dominguez Velasco at his workplace in Motijheel within the capital on Thursday (Might 30).

The Minister mentioned that Bangladesh ratified the Hong Kong Conference on June 25, 2023 with the intention of secure and environmentally pleasant reprocessing of end-of-life ships. Accordingly, Bangladesh has to adjust to the conference by 26 June 2025 and guarantee therapy storage and disposal facility (TSDF) in all yards.

Nurul Majid Mahmud Humayun mentioned, to maintain this potential business of Bangladesh, crucial cooperation and recommendation from IMO and growth companions must be applied rapidly.

The minister sought IMO’s cooperation in getting gentle loans from growth companions or worldwide monetary establishments for shipyard house owners to adjust to the Hong Kong Conference. Furthermore, he additionally sought the assistance of the worldwide group in organising coaching institutes for the sustainable growth of the ship recycling business.

The IMO Secretary Common mentioned that the Hong Kong Conference launched by the IMO is essential for the sustainable growth of the ship recycling business. The group is working intently with the related stakeholders for the sustainable, secure and environment-friendly growth of this business in Bangladesh. My go to is to see first-hand the steps taken by Bangladesh on this regard and to alternate experiences.

He mentioned, I’m blissful to see that varied ministries of Bangladesh are working in coordination for the event of this business. We’re decided to offer all potential cooperation on behalf of IMO for the general growth of this business.

The Secretary Common of IMO expressed hope that ship reprocessing and building business in Bangladesh will attain worldwide requirements with the cooperation of Bangladesh Authorities and IMO.

In the course of the assembly, the Extra Secretary of the Ministry of Business (on routine responsibility of the Secretary) SM Alam, Ambassador of Bangladesh to the UK Sayeda Muna Tasnim, Director Common of the Division of Transport Commodore Mohammad Maqsood Alam and the Extra Secretary of the Ministry of Business Dr. Shah Md. Helal Uddin and others have been current.

Notice that Bangladesh has been recycling ships since 1980. Sitakunda upazila of Chittagong has greater than hundred ship biking yards. 50 of the yards are operational. About 60 p.c of the nation’s general iron ore demand comes from the ship recycling business. About 2 lakh persons are instantly and not directly depending on this sector.

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