Govt plans to build shipyard in Payra: FDI $1.58 billion in the offing

The government looks to set up a shipbuilding facility in partnership with foreign investors at the Payra seaport in Patuakhali with an investment of $1.58 billion to cut import dependence for vessels and market ships globally. State-run Bangladesh Steel and Engineering Corporation (BSEC) under the industries ministry will provide land to Genti...