Bangladesh, a proud maritime nation, boasts a rich heritage in shipping and shipbuilding. However, it has struggled to keep up with the global shipbuilding race for several reasons. To address this, the utilization of SWOT analysis becomes an invaluable tool for strategy formulation, providing guidance in making viable decisions rather than serving as a strict prescription. In order for Bangladesh's shipbuilding industry to flourish, it is crucial to identify its strengths, rectify internal weaknesses, and implement protective measures against external threats. Harnessing the nation's potential and capitalizing on available opportunities are vital for ensuring the sustainable development of the shipbuilding industry. This paper aims to analyze Bangladesh's shipbuilding industry using the SWOT framework. By conducting this analysis, the paper will shed light on the strengths, weaknesses, opportunities, and challenges faced by the local shipbuilding sector. Additionally, it will offer recommendations on suitable markets, as well as insights into the industry's potentials and hurdles. By undertaking a comprehensive examination of these factors, Bangladesh can strive to regain its position in the global shipbuilding arena. Through strategic planning and effective decision-making, the country can forge a path towards a prosperous future for its shipbuilding industry.
| Published in | Research & Development (Volume 4, Issue 3) |
| DOI | 10.11648/j.rd.20230403.11 |
| Page(s) | 75-83 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2023. Published by Science Publishing Group |
Shipbuilding, Tow-Tech, Strength, Weakness, Opportunity, Threat
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APA Style
Khandakar Akhter Hossain. (2023). SWOT Analysis of Shipbuilding Industry of Bangladesh. Research & Development, 4(3), 75-83. https://doi.org/10.11648/j.rd.20230403.11
ACS Style
Khandakar Akhter Hossain. SWOT Analysis of Shipbuilding Industry of Bangladesh. Res. Dev. 2023, 4(3), 75-83. doi: 10.11648/j.rd.20230403.11
AMA Style
Khandakar Akhter Hossain. SWOT Analysis of Shipbuilding Industry of Bangladesh. Res Dev. 2023;4(3):75-83. doi: 10.11648/j.rd.20230403.11
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Download@article{10.11648/j.rd.20230403.11,
author = {Khandakar Akhter Hossain},
title = {SWOT Analysis of Shipbuilding Industry of Bangladesh},
journal = {Research & Development},
volume = {4},
number = {3},
pages = {75-83},
doi = {10.11648/j.rd.20230403.11},
url = {https://doi.org/10.11648/j.rd.20230403.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.rd.20230403.11},
abstract = {Bangladesh, a proud maritime nation, boasts a rich heritage in shipping and shipbuilding. However, it has struggled to keep up with the global shipbuilding race for several reasons. To address this, the utilization of SWOT analysis becomes an invaluable tool for strategy formulation, providing guidance in making viable decisions rather than serving as a strict prescription. In order for Bangladesh's shipbuilding industry to flourish, it is crucial to identify its strengths, rectify internal weaknesses, and implement protective measures against external threats. Harnessing the nation's potential and capitalizing on available opportunities are vital for ensuring the sustainable development of the shipbuilding industry. This paper aims to analyze Bangladesh's shipbuilding industry using the SWOT framework. By conducting this analysis, the paper will shed light on the strengths, weaknesses, opportunities, and challenges faced by the local shipbuilding sector. Additionally, it will offer recommendations on suitable markets, as well as insights into the industry's potentials and hurdles. By undertaking a comprehensive examination of these factors, Bangladesh can strive to regain its position in the global shipbuilding arena. Through strategic planning and effective decision-making, the country can forge a path towards a prosperous future for its shipbuilding industry.},
year = {2023}
}
TY - JOUR T1 - SWOT Analysis of Shipbuilding Industry of Bangladesh AU - Khandakar Akhter Hossain Y1 - 2023/07/20 PY - 2023 N1 - https://doi.org/10.11648/j.rd.20230403.11 DO - 10.11648/j.rd.20230403.11 T2 - Research & Development JF - Research & Development JO - Research & Development SP - 75 EP - 83 PB - Science Publishing Group SN - 2994-7057 UR - https://doi.org/10.11648/j.rd.20230403.11 AB - Bangladesh, a proud maritime nation, boasts a rich heritage in shipping and shipbuilding. However, it has struggled to keep up with the global shipbuilding race for several reasons. To address this, the utilization of SWOT analysis becomes an invaluable tool for strategy formulation, providing guidance in making viable decisions rather than serving as a strict prescription. In order for Bangladesh's shipbuilding industry to flourish, it is crucial to identify its strengths, rectify internal weaknesses, and implement protective measures against external threats. Harnessing the nation's potential and capitalizing on available opportunities are vital for ensuring the sustainable development of the shipbuilding industry. This paper aims to analyze Bangladesh's shipbuilding industry using the SWOT framework. By conducting this analysis, the paper will shed light on the strengths, weaknesses, opportunities, and challenges faced by the local shipbuilding sector. Additionally, it will offer recommendations on suitable markets, as well as insights into the industry's potentials and hurdles. By undertaking a comprehensive examination of these factors, Bangladesh can strive to regain its position in the global shipbuilding arena. Through strategic planning and effective decision-making, the country can forge a path towards a prosperous future for its shipbuilding industry. VL - 4 IS - 3 ER -
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