China keen on Bangladesh shipbreaking:

The Chinese entrepreneurs are eager to explore business opportunities in Bangladesh in prospective areas including shipbreaking industry.

Lin Hong, a vice-mayor from Fujian, China, conveyed the message as he called on Industries Minister Dilip Barua at Ningde Meilun Hotel in Fujian Tuesday evening.

During the meeting, Hong sought policy suggestions from Bangladesh on shipbreaking industry, saying such suggestion will help them to give further boost to their industry.

He also invited Bangladesh's entrepreneurs to explore business opportunities in China.

The industries minister said that since Bangladesh is a newcomer in the shipbreaking, it can share knowledge with China to help their industries grow together.

Bangladesh is exporting ships to many developed countries, he said. "We're working for a transparent and environment-friendly shipbreaking industry... or it won't be sustainable".

Barua mentioned that Bangladesh and China have a traditional bond of friendship.

Bangladesh needs iron for industrialisation, he said. "We don't have any iron mine. We depend on shipbreaking industry to meet the demand".

Inviting Chinese entrepreneurs in Bangladesh, the industries minister said Bangladesh is a unique place for investment for the facilities it offers to the investors.

Source: The Daily Star. Saturday, 13 August 2011

http://www.thedailystar.net/newDesign/news-details.php?nid=198399