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Bangladesh shipbuilders appeal for govt help

Bangladesh shipbuilders appeal for govt help

Dhaka: Shipbuilders on Sunday sought incentives for a boost to the industry. ?"We need a 30 percent incentive for the industry for at least five years," Abdullahel Baki, chairman of Ananda Shipyard, the country's leading shipbuilder, said in a seminar. ?"The government needs to patronise this burgeoning sector to foster its growth." ?Addressing the seminar, shipping minister Shahjahan Khan said the industry has as much potential to become a top industry as the garment sector. ?"It can play a significant role to advance the country's economy," he said. ?The seminar was followed by a German Asia Pacific Business Association delegation's visit to the Ananda shipyard. [26/10/09]