Bangladesh’s Shipbuilding Ambition: Strengthening Defence While Expanding Exports

Reading Time: 2 minutes Bangladesh’s goal of achieving four billion US dollars in shipbuilding exports by 2026 represents more than an economic aspiration; it is also a strategic endeavour with profound implications for national defence. While the target has been criticised as ambitious, the development of the shipbuilding sector offers the dual opportunity to enhance naval capabilities while establishing the country as a credible player in the global maritime manufacturing market. The nation has demonstrated technical proficiency in constructing small and medium-sized vessels for clients in Europe and Asia, combining quality workmanship with cost competitiveness. Its skilled workforce, comprising engineers, technicians, and welders, provides a foundation upon which both commercial and defence-oriented shipbuilding can expand. The development of modern infrastructure such as the Matarbari Deep Sea Port further enhances Bangladesh’s ability to manage logistics, import high-grade materials, and efficiently deliver vessels to international markets. Nevertheless, the industry faces persistent challenges.