Rear Admiral Mohammad Shahjahan, NPP, ndc, psc
Bangladesh Navy
shahjahan568@yahoo.com
Port and shipping are two vital elements of maritime trade and commerce. Being the nodal point of economic activity and cheapest means of transportation, they play game changing role in national economy and contribute significantly to GDP. Lion share of foreign currency reserve is earned through port and shipping handling import and export. The article observes that the effective use of port and shipping is of paramount importance for overall economy. Therefore, port and shipping can change the fate of a nation. It is like an ocean of opportunity. This paper is an endeavor to focus on the contributions of the ports and shipping sectors of Bangladesh to the national economy.
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4. Pacific Consultants International, “Techno-Economic Feasibility Study of a Deep Sea Port in Bangladesh, Draft Final Report on Deep Sea Port”, Volume 1, Bangladesh, 2009, pp. 2.7.1-15-17.