Bilal9
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Can't tell, but the price is significantly lower than the international bidders that's for sure.
Small Vessels of this style and size are built as a day-to-day affair in local shipyards. But river-based shipyards will have issues building vessels larger than 10,000 gross tonnes (DWT). The available rather shallow draft in rivers won't allow it.
Bangladesh could easily become the world champ in building small-to-mid displacement ships of under 10,000 tonnes (DWT). The labor cost for skilled welders is one-third that of India (which is already way lower than China). Labor cost accounts for upwards of 20% of a ship's cost and is the defining area for shaving margin off of build cost.
Once the 'gandoos' in the govt. lower the tax and tariffs on imported steel plate for shipbuilding and provide some incentives, there's no stopping the shipbuilding industry here.