Dutch firms Damen Shipyards Group and Gentium Solutions have signed a memorandum of understanding (MOU) with the Ministry of Industry of Bangladesh with the goal of establishing and developing a shipbuilding and ship repair industry in the latter country.
One of the first tasks that the partners will undertake is to establish a shipbuilding and repair facility built to globally recognised environmental and building standards.
As part of their role in the MOU, the Gentium-Damen joint venture will facilitate a transfer of technology and knowledge to help Bangladeshi personnel develop the skills required to serve the international maritime industry.
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