Bangladesh minister calls for faster, tailored financing for shipbuilding industry

  • Update Time : Thursday, November 12, 2026
  • 21 Time View
Shipyard illustrative; representative stock photo, not the reported event

Bangladesh’s Commerce, Industries and Textiles and Jute Minister Khandakar Abdul Muktadir has urged faster delivery of financing to genuine shipbuilding entrepreneurs, according to a Bangladesh Sangbad Sangstha report dated November 12. He made the remarks at a ministry meeting in Dhaka on funding and support for the sector.

With relatively few firms operating in shipbuilding, the minister said financing mechanisms should reflect companies’ actual needs and capacities. Options discussed included direct disbursement through Bangladesh Bank or financing through selected banks and financial institutions. These were proposals under consideration, not an announcement of a newly approved lending programme.

He also emphasised transparent financial management, public-private cooperation, building a new generation of entrepreneurs and strengthening international competitiveness and export potential. Officials from the ministry and Khulna Shipyard attended the meeting.

Source: Original reporting (12 November 2026).

Illustrative stock image; not a photograph of the reported event.

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