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Gentium, Damen sign Bangladesh MoU

21st January 2020 - 08:30 GMT | by Shephard News Team

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Gentium and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh.

The MoU aims to establish and develop a shipbuilding and ship repair industry in Bangladesh that will support Bangladesh industry with a long-term view of serving export markets.

The first goal is to establish a shipbuilding and repair facility built to globally recognised environmental and building standards.

As part of their role in the MoU, Gentium-Damen will facilitate a transfer of technology and knowledge to help Bangladeshi industry develop the skills required to serve the international maritime industry. As a result of this, the MoU will create significant training and employment opportunities within Bangladesh.

Roland Briene, area director Asia Pacific, Damen Shipyards Group, said: ‘We are very pleased to be participating in this MoU. Damen has a long track record of skills and knowledge transfer of which we are immensely proud.

‘We are very much looking forward to applying our experience, along with our partners Gentium and the Ministry of Industry, here in Bangladesh.’