Bangladesh needs capacity building to get optimal benefits

Dhaka,  Tue,  25 July 2017
Published : 04 Jun 2017, 21:55:47
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Marine resources

Bangladesh needs capacity building to get optimal benefits

Bangladesh needs capacity building to get optimal benefits
FE Report


Bangladesh needs to build its capacity including human resources and technological advancement to get optimum benefits out of its marine resources following the delimitation of the maritime boundary.

Besides, there is an urgent need for strengthening coastal security and improving seaport facilities to attract regional goods transport through the country to utilise vast possibilities of the blue economy.

The observations came at a seminar titled 'Blue Economy: Bangladesh and Bay of Bengal Regional Cooperation' organised by Coastal Association for Social Transformation (COAST) Trust at CIRDAP auditorium in the city on Sunday.

Dr Dipu Moni, chairman of the parliamentary standing committee on ministry of foreign affairs (MoFA), presided over the programme. State Minister for Fisheries and Livestock Narayan Chandra Chanda addressed the seminar as the chief guest while Sri Lankan High Commissioner to Bangladesh Yasoja Gunasekera as the special guest.

Dipu Moni said, "We got our long-awaited maritime area in 2012, but we have yet to cash in on the benefits of the blue economy."

She said the concept of the blue economy is complex and it will take time to improve human resources and technological capacity to discover marine resources.

She also said the government has established Bangladesh Institute of Marine Technology (BIMT) and initiated study of oceanography at two public universities to carry out researches in the Bay of Bengal.

There were only two marine academies in the country in 2009 while the number of such academies stood at 22 in 2017, she added.

She further informed that the government has allocated Tk 2 billion for conducting research on maritime resources like fisheries and hydrocarbon.

Speaking on the occasion, the state minister said the government has commissioned a survey vessel to conduct study on fisheries in the Bay of Bengal.

He also said the government will explore resources in the seabed on sustainable means for a better future of the country.

The concept of the blue economy was conceived at the Rio+20 United Nations Conference on Sustainable Development held in Rio de Janeiro in June 2012, viewing the idea as an alternative economic model for sustainable development that puts the oceans at the centre of this approach.

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) secretary general Sumith Nakandala, Member of Blue Economy Cell under MoFA Commodore AA Mamun Chowdhury, and COAST Trust Executive Director Rezaul Karim Chowdhury also spoke at the programme.

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