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Wednesday, 21 September 2011

Ship breaking industry


                                 Ship breaking yard of Bangladesh
Now a dayes ship breaking Industry is one of the most profitable income sector of Bangladesh. This sector is developing day by day.  Bangladesh government has decided to declare the ship-breaking sector as an industry for recycling.
Now ship breaking is the main source of steel production of the country. It generates huge amounts of revenue for various Governments authorities through the payment of taxes. Bangladesh government collects almost 9000 milion taka in revenue from this sector through import duty, yards Duty, yards tax and other taxes.
These economic benefits have made the ship breaking a powerful
Industry of Bangladesh.

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