Letter of transmittal

04th March, 2019

Md.Ahasan Uddin
Assistant Assistant Professor
Department of Accounting & Information Systems
University of Dhaka

Subject: Submission of BBA research paper report title is “Blue Economy and Future
Bangladesh.”

Sir,
I am pleased to submit my BBA research paper, titled- “Blue Economy and Future Bangladesh.
“as per your instructions. I assume that this report will provide comprehensive information of
how volatile the return with respect to descriptive Analysis.

I am thankful for your advising and mentoring guidelines throughout this research period
you have provided to me.

Regards
MD MAHAMUDUR RAHMAN MOZUMDER
BBA ID: 21-041
21th Batch, Section: B

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 Supervisor Certification:

This is certified that the present paper entitled “the average return volatility between
categories A&B at The Chittagong Stock Exchange Ltd” is an authentic work done by
MD.MAHAMUDUR RAHMAN MOZUMDER(BBA ID 21-041) under my supervision
and submitted to Department of Accounting & Information systems, University of Dhaka
for fulfillment of BBA program.

………………………….

Md.Ahasan Uddin

Assistant Professor

Department of A&IS

University of Dhaka

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 Declaration by student:
This is MD. IMRAUL KAYES, hereby declare that the thesis paper entitled Blue
Economy and Future Bangladesh presented here is my original work done by under the
direct supervision of my honorable teacher Assistant Professor Md.Ahasan Uddin. The
data and information are seemed to be authentic to the best of my knowledge. Any
literature data and work done by other and cited within this thesis paper is followed to
conduct this paper and the acknowledgement given in reference section. This paper is
prepared only for department of A&IS, University of Dhaka.

……………………..

Md.Mahamudur Rahman Mozumder

BBA 21th Batch

Dept. of A&IS

University of Dhaka

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 Acknowledgement
At first I would like to thank the almighty Allah, and then I want to express my gratitude to
my honorable supervisor Md.Ahasan UddinAssistant Professor, Accounting & Information
Systems, University of Dhaka to give directions and inspiration to complete the study from
the to the end. After that I would cordially thank to my dear friend Saud Al Rafi who helped
me to formulate the model. Then I would like to thank the committee of research team. I
would also express my respect and heartiest love to my parents.

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 Blue Economy and Future Bangladesh

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Abstract
This paper attracts interest to the potentialities of sea-primarily based economy to promote Bangladesh in
a center-earnings us. via the sustainable use of marine sources. about 3-fourths of the earth is covered by
the seas. It plays the important function in two critical functions from historical time called the approach
of verbal exchange and the source of huge dwelling and non-living herbal resources. At present, the
international locations have become very a good deal concerned about their marine resources to solve the
various gift and destiny demanding situations in their economies. commonly for Bangladesh, ocean is
contributing a large role to its overall socio-monetary progress through rising up the economic sports
throughout the united states and specially to the coastal region at southern element. This paper
investigates how a lot Bangladesh is capable to take of or manage the demanding situations to become a
center profits us. via the Sustainable improvement goals (SDGs). similarly, it has attempted with a more
in-depth-look to find out the obstacles or limitations of those sports from unique angles if exist.

Important words: Blue Energy, Blue tourism, Submarine Mining, Framework etc.

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 Table of contents

Abstract………………………………………………………………………………………………………………………………………………06

Chapter One: Introduction………………………………………………………………………………………………………………09-10

1.1 Introduction……………………………………………………………………………………………………….09
1.2 Background of the Study……………………………………………………………………………………..09
1.3 Objective of this study………………………………………………………………………………………….10
1.4 Rational of the study……………………………………………………………………………………………..10
Chapter two: literature review ……………………………………………………………………………………………………………11

2.1 literature review……………………………………………………………………………………………………..11

Chapter three: Methodology ………………………………………………………………………………………………………………..12

3.1 method

3.2 Data Source

3.3 Data Type

3.4 Data Source

Chapter Four : Context……………………………………………………………………………………………………………………13-17

4.1 Blue economy of Bangladesh ( Opportunities)…………………………………………..13

4.1.1 Shipping …………………………………………………………………………………………..13
4.1.2 fisheries ………………………………………………………………………………………….13
4.1.3 Aquacultures……………………………………………………………………………………13
4.1.4 Tourism……………………………………………………………………………………………14
4.1.5 Blue Energy……………………………………………………………………………………….14
4.1.6 Bio Technology……………………………………………………………………………………..15
4.1.7 submarine Mining………………………………………………………………………………..15
4.2 Blue economy for sustainable developments……………………………………………………16
4.3 Marine Protected areas in South Asia zones………………………………………………………17
Chapter five : Analysis and Findings …………………………………………………………………………………………………17-22

5.Blue economic zones Prospects……………………………………………………………17

5.1.1 Blue Tourism of Bangladesh……………………………………………………….17

5.1.1. cox’s Bazar………………………………………………………………………….18

5.1.2 St.Martin……………………………………………………………………………….18

5.1.3. Kuwakata………………………………………………………………………………18

5.2 Fish Production and Exports of Bangladesh…………………………………………….18

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 5.3 Findings ……………………………………………………………………………………………..21-24

5.3.1 Fish export Statistics…………………………………………………………………….21

Chapter Six: Discussion…………………………………………………………………………………………………………25-36

6.1 Blue economic zones of Bangladesh …………………………………………………………………..25

6.2 Over view of the Bangladesh Ocean Economy (WORLD Bank) …………………………..26
6.3 Conceptual framework for Blue economy for Bangladesh……………………………………28
6.4 Challenges for Blue economy in Bangladesh…………………………………………………………30
6.5 Recommended Policy for Bangladesh…………………………………………………………………….31
6.6 Future prospects of blue economy of Bangladesh …………………………………………………..33
6.7 FAQ…………………………………………………………………………………………………………………………36
6.8 Limitations of this study……………………………………………………………………………………………36
Chapter 07: Conclusion…………………………………………………………………………………………………………………………37

References ……………………………………………………………………………………………………………………………………………37

Appendices …………………………………………………………………………………………………………………………………………37

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 Chapter 01
Introduction
1.1 Introduction
Blue financial system means the use of sea and its sources for sustainable monetary development.
It refers to any monetary pastime in the maritime area, whether or not sustainable or now not. on the same
time additionally, they outline Sustainable Blue economy which ensures that the monetary development
of the sea contributes to authentic prosperity, these days and lengthy into the destiny.

Geographically, Bangladesh has overall vicinity 148,460 square kilometers, water 18,290 square
kilometers (12% of overall area). Bangladesh has the 12 nautical miles territorial sea region, 18 nautical
miles contiguous region and 2 hundred nautical miles of distinctive monetary area (vital Intelligence
employer global Fact book). Bangladesh is blessed via the Bay of Bengal and we're the usage of sea for
nearby and global trading and transportation from very beyond, however still we have many things to
discover from the maritime location and make use of nicely. the acute use of the oceans and seas in
numerous financial sectors, combined with the effects of weather change, has brought to the pressure at
the oceanic surroundings. moreover, a huge part of the Bangladeshi populace lives in coastal areas, and
urbanization, coastward migration, and related socioeconomic increase, united states of America is
experiencing dramatic coastal trade, with multiplied strain on marine assets. this situation, in mixture with
superior technological possibilities, has raised the potentials of the Blue financial system.

But Blue economic system could be very plenty appropriate for Bangladesh by thinking about the
maritime vicinity and its connection with the people of Bangladesh as well as its economy. So, we need a
few strategic arrangements and efficient rules to seize the advantages of blue economy to implement
sustainable development in our USA.

United international locations surroundings Programmed (UNEP) annual record 2015 recognized
a few international locations which include Seychelles, Norway, Barbados, Madagascar, Gambia as
success tale makers regarding the usage of blue sources. The Blue financial system represents a notably
new way of describing ocean financial improvement that commenced to emerge first among many island
countries, inclusive of small growing nations including the Republic of Seychelles, in addition to the
archipelagic massive Indonesia, the fourth-most-populous u . s . a . within the international. It’s now
gaining recognition in a number of the world’s largest and most powerful countries, inclusive of China
and the us, that have increasingly more all started to turn to the idea of the Blue economy to sell
development in their ample ocean and coastal sources. Honing the Blue financial system’s focus may
want to ultimately pay dividends with the aid of allowing monetary boom to blossom along
environmental sustainability (Conathan, Michael and Moore, Scott 2015). So, Bangladesh also can
observe any of those countries to avail Blue economy.

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1.2 Background to the Study:
Blue economy is a highlighted concept in the world and here govt and international organization
are focusing here to improve for the perspective of our nation’s economy. in Bangladesh the
ocean economy consists of the subsequent broad and growing economic sectors: living
resources, minerals, energy, transport and trade, business enterprise and recreation, carbon
sequestration, and coastal protection. These industries and scheme services don't develop in
isolation, however rather act as a system with a standard denominator: the fluid, buoyant, three-
dimensional setting of the ocean.
This study will find out the associations of Blue economy practices with financial and
characteristics in Bangladesh. Also, the impact and reason of this type of disclosures.
This paper consists total seven chapters. In this chapter objectives and scope of the particular
study is reflected which is named Introduction. The 2nd chapter represent the Literature Review,
which is a combination of theoretical background and prior research on Blue economy in
international and Bangladesh perspective. In the next chapter Research Methodology is
discussed. After this chapter 4th chapter is about the Context of the study, which describes the
Blue economyof Bangladesh and basic information about the the prospects of some zones. In the
5th chapter, Finding and Analysis of the study discusses. The 6th chapter highlights the
Discussion about the results which is obtained by the analysis and the impact of the
environmental information in engineering industry. Conclusion of the study is presented in the
7th and last chapter.

1.3 Objectives of the Study:

The objectives of this paper are followings:
 To identify the existing situation of Blue Economy in Bangladesh
 To identify a conceptual framework to implement Sustainable Blue Economy in Bangladesh
 To identify the challenges ahead of Bangladesh in successful implementation of Blue Economy
and to suggest some policy initiatives to address those challenges

1.4 Rational of The Study:

In this era of globalization no united states can handiest depend on its land sources. So, sourcing
of opportunity assets is obligatory particularly for the developing u . s . like Bangladesh. This
sourcing of resources from sea place to be had for Bangladesh is a exquisite possibility. it's going
to help minimize the sole dependency on herbal land resources for Bangladesh. In reality,
Bangladesh is blessed with the large edge of the Bay of Bengal, the largest bay in the world. as a
result, sectors like delivery (shipbuilding, transport), electricity (oil, gas, and renewable
electricity), food (fisheries, aquaculture), marine ICT, and coastal tourism may be appropriate
approach of economic improvement based on the bay region obtainable for Bangladesh.
Furthermore, Bangladesh will must look forward to maintain this financial step forward for
ensuring Sustainable Blue economic system (SBE). To accomplish that, a few policy initiatives
at strategic degree ought to be taken by way of the government of Bangladesh in an effort to get
privileged with SBE

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 Chapter 02
Literature Review
2.1 Literature review

Blue economy concept is the new concept to our economy thought it has been introduced United
Nation Conference on sustainable development held in Rio de Janero in 2012 (Smith-
Godfrey,2016). but blue economy first introduced by Gunter Pauli (2010).it doesn’t have any
universally definition (Bollmann 2010). What we know about Blue Economy is that the
Utilization of Marine Resources and Coastal Resources in proper ways.

Jiang, Liu and Su estimated a multi factor production model in 2014 of marine economy
contribution to the National GDP from 2000 to 2011 raise 6.46% to 13.83% and the average
annual growth is 7.17%. they also found that Marine sector contributes 7.86% to the economy.
Further they recommend that Fisheries, maritime Industry, marine set-up and marine services can
play a good role to marine economy.

Researchers also suggested that, Blue Tourism can play a significant role in our GDP. However,
when you will see the Singapore, Thailand, Malaysia changed their economy by tourism
industry. They found that tourism is one of the best reasons of economic growth of Blue Tourism
among developing these countries of Asia, Europe, Africa etc. our local boys Ahmed,Allison and
Muir (2010) examined freshwater prawn farming in Bangladesh average annual production of
prawn, rice and fish estimated at 476,987 and 2.257 kg ha-1. So, prawn farming in Bangladesh
has got a good reputation in across the world. Not only that Dry fishes are also getting popular
outside and inside of our country and has a big impact of it. Sea salt production, Probal, Sea
Fishes etc are the major elements of Marine Economy.

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 Chapter 03
Methodology
3.1 Method:
This study represents the descriptive statistics to show the current scenario of Blue
economy in Bangladesh. Graphical Inspection and useful techniques to observe the
trend and behavior of any variable. The variables related to this study are done by
properly.

4.1 Data Source:

1) Export earnings from Dry Fishes and Prawns in Bangladesh.
2) Export earnings from Shrimps production in Bangladesh.
3) Tourism Aspects of Bangladesh.
The secondary data and the other information have been collected from three
major sources. These are:
1) World Bank
2) Bangladesh Bank
3) Articles.

3.3. Data Type:

All the information used in this study are secondary data, which are collected from
the above sources and no other primary data is included to conduct the analysis of
the study.
3.4 Data Collection and Formation:
This study is considering secondary data to answer the research questions which is
about the impact of Blue economy in nations GDP, financial performance and
characteristics of Blue economy. It mainly focuses on ocean earning sector of
Bangladesh. So, most of the data used for qualitative and quantitative analysis are
collected from the annual report published by the world bank data at the year end.
Few data are collected from various relevant articles.

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 Chapter 04:
CONTEXT

4.1 Blue Economy of Bangladesh -Opportunities

Blue Economy offers a suite of opportunities for sustainable, clean, equitable blue growth in both
traditional and emerging sectors.
4.1.1 Shipping and Port Facilities
80 % of worldwide trade by volume, and over seventy per cent by worth, is carried by ocean and
handled by ports worldwide. For developing countries, on a national basis, these percentages are
sometimes higher. World mobile trade grew by four in 2011, to 8.7 billion tons [2] despite the
worldwide slump and instrumentation traffic is projected to triple by 2030. Coastal nations must
position themselves regarding facilities to catch up for this developing exchange and optimize
their benefits. The ship is safest, most secure, extra productive and ecologically stable for
modification of any product from one country to a special. other than urban center, Payra ocean
ports and Mongla seaports, there's a high potentiality of building deep ocean port at Sonadia
island of Cox’s Bazar.

4.1.2 Fisheries
Fish account for 15.7 percent of the animal protein consumed globally. The value of fish traded b
y developing countries is estimated at US$ 25 billion, making it their largest single trading item.
In 2009 marine capture production amounted to 79 million tons. Fisheries could be
a vital economic sector in nations with coasts on the Bay of geographic area countryside, viz. Sri
Lanka, India, Bangladesh, Myanmar, Thailand, Malaya, and country. Fish is that the
foremost demand in a position animal based totally super molecule within the food of the
general population in these countries. it's the littlest quantity involved by culture and religions. In
light-weight of a current estimate, the mix selection utilized on a regular basis in fisheries at
intervals the area lined by the Bay of the countryside (BOBP) is one.85 million. Globally 350
million jobs are connected to marine fish, with 90% of fishers living in developing countries

4.1.3 Aquaculture
Aquaculture is the quickest growing international meals area now imparting forty-seven% of the
fish for human consumption. Fish used for human consumption grew by
using extra than 90 million tons within the duration 1960-2009 (from 27 to 118 million lots) and
aquaculture is project to quickly surpass seize fisheries as the primary company of such

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protein. growth in aquaculture region in Asia which debts for more than 89% of
world manufacturing, is more than 5% 12 months.

4.1.4 Tourism
Marine and coastal enterprise agency are importance to numerous developing nations. business
agency may want to be a primary worldwide industry; in 2012 familiar economic crises with the
aid of four in spite of the global monetary crises and grooved Sep eleven of full-size gross home
product. In 2012 business organization aid Sep 11 of global occupations and created 6 June 1944
of the planet export income

4.1.5 Blue Energy

In 2009 offshore fields accounted for 32% of world crude oil production and that is projected
to upward thrust to 34% in 2025[10] and better sooner or later, as nearly half
of the remaining recoverable conventional oil is anticipated to be in offshore fields - 1 / 4 of that
in deep water. In 2009 offshore fields drawn thirty second of ordinary rock oil manufacturing
and this undertaking ought to ascend to thirty-fourth in 2025, as an outsized element of the
retrievable formal oil is evaluated to be in seaward fields-a fourth of that in the problem.
Uranium and lots of other treasured Mineral power are located there. LNG gasoline terminal,
Matarbari coal energy organization and many others are fee based totally power and
our executive. International oil Gas Mining companies get interested on our Bay of Bengal.

(Oil, GAS mining in the sea )

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 (Project LNG terminal)
4.1.6 Biotechnology
The worldwide marketplace for marine biotechnology products and strategies is presently predicted at
US $ 2.8 billion and projected to grow to round US$ four.6 billion via 2017. Marine biotech has
the capability to cope with a suite of global demanding situations including sustainable food materials,
human health, electricity protection and environmental remediation. Marine microorganism are
a rich supply of ability capsules. In 2011 there have been over 36 marine derived pills in scientific
development, consisting of 15 for the remedy of most cancers. One location where marine biotech may
additionally make an essential contribution is the development of new antibiotics . The potential scope
is full-size, through 2006 extra than 14,000 novel chemical substances had been diagnosed through
marine bio-prospecting and three hundred patents registered on marine natural merchandise.
Worldwide market for biotechnology things and techniques is accurate presently calculable at U$
two.8 billion and grow to broaden to round U$ four.6 billion by way of 2017. Marine biotech has the
ability to deal with a suite of worldwide difficulties, to Illustrate, assets meals provides, human fitness,
energy safety, and herbal remedy.

.
4.1.7 Submarine mining
The sector is gearing up for the exploration and exploitation of mineral deposits on and underneath the
ocean ground. Enterprise, because of rising commodity costs, is popping its attention to
the capability riches of polymetallic nodules, cobalt crusts and large sulphide deposits; the latter
a supply of rare earth elements, which includes yttrium, dysprosium and terbium, critical in new
ICT hardware and renewable power technologies. The planet is getting geared up for the exploration
and exploitation of mineral shops on and beneath the ocean ground. Industry, owing to
increasing product well worth, is popping its attention to the capacity wealth of nodules, cobble and
then on. Business profit is large in buds. Here we got the view composition of the Ocean’s Economy in
Bangladesh, blue economy reports of Bangladesh in November,2018.

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 Compostion of the Ocean Economy in Bangladesh, percent
of Gross Value Added
(2014-2015)

19% TOURISM AND RECREATION

25%
Ship Building
3%
Transport
Marine Fisheries and Aquacultures
9%
22% Minerals
Energy
22%

4.2 Blue economy for Sustainable Development

The Blue Economy is considered as the integration of Ocean Economy development with the
principles of social inclusion, environmental sustainability and innovative, dynamic business
models. The Blue Economy can be considered as sustainable use of ocean resources for
economic growth, improved livelihoods and jobs and ocean ecosystem health. Contribution of
oceans and seas (as well as rivers, waterways and estuaries) in sustainable development is
undeniable. Two thirds of the earth’s surface is covered by water. They are a fundamental yet
delicate part of the Earth’s biosphere and essential to sustaining life on the planet. Oceans serve a
variety of purposes, all critical to the sustenance and preservation of human life. Among other
things, they provide food and minerals, generate oxygen, absorb greenhouse gases (GHG),
mitigate climate change, influence weather patterns and temperatures and serve as highways for
human transport and sea-borne trade. The link between humans and the oceans has been
fundamental to the development of human civilization. Today, more than 3 billion people live in
close proximity to the coast. This number is bound to rise with population growth too.
The concept of an oceans economy also embodies economic and trade activities that integrate the
conservation and sustainable use and management of biodiversity, including maritime
ecosystems, and genetic resources. It also seeks to contribute to mitigation and adaptation efforts
to address climate change risks manifested in the rise of the sea level and the acidification of
seawater. An oceans economy approach supports sustainable livelihoods and food security for
sea-side countries and coastal populations. Globally, approximately 350 million jobs are linked
to the oceans through fishing, aquaculture, coastal and marine tourism and research activities.
Moreover, in excess 1 billion people depend on fish as their primary source of protein

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 4.3 Marine protected areas in South Asia
Marine Protected areas are constricting with by laws. We will show a diagram where you will
find out the percentage of total territorial marine protected areas.

Percentage
Maldives 0.4

Srilanka 1.3

Pakistan 5.6

Nepal 0.2

Myanmar 0

India 2.1

Bangladesh 2.5 2.5

0 1 2 3 4 5 6

Bangladesh 2.5 India Myanmar Nepal Pakistan Srilanka Maldives

Chapter 05
Analysis & Findings
5.Prospects of Blue Economic zones in Bangladesh
There are many sites are in blue economic zones but the reality is that my country is only using
two major fields. And this field is really praiseworthy and over the year our government gave
good support to focus here. let me define that two important topics:

5.1 Blue Tourism Destinations in Bangladesh

Blue tourism means the sea based tourism. Now a days tourism is became passion of the life. Its
about 100 years ago tourism is not propounded so well what did now. Tourism refreshes the
mind as well as the body. Tourism makes a big business now a days all over the world. People
are got thrilling of it. People around the world are very much excited to feel the historical or
beautiful tourism spot. Blue tourism is also one of them. It is much more interested in the south
east Asia. We have three major tourist places where Blue tourism are renowned.

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5.1.1 Cox Bazar
Cox Bazar is our pride because it is not only a beach to us, it is the LONGEST Sea Beach in the
world about 120 kilometers. Cox bazar named after the British India Company Officer, Captain
Hiram Cox, 1799. It’s a Sandy Beach with as well as Fishing Port and now a days it is
considered the highest Attractive tourist Spot in the Bangladesh.
5.1.2 St. Martin
Saint Martin is one of the finest Coral Island in our country that is nearby the Cox Bazar. it is the
popular Attraction for local and Foreign Tourists. The major of the inhabitants live here from
Fishing. Tourists can go Saint Martin within few hours using Teknaf sea port. Recently, this
tourist spot has been very famous to tourist lovers and rapidly increased the tourists. People
consider this spot as Eco-Tourism.
5.1.3 Kuwakata
Kuwakata situated in kalarpara Upozila,Potuakhali District. It is about 320 kilometer of south of
Dhaka and 43 miles from the District Headquarter. This sandy Beach has two specialty, you can
enjoy sun set and Sun arising in same place. This sandy beach has gentle slopes into the Bay of
Bengal. For the poor transportation and Accommodation system, fewer people come here to
enjoy but rolling administration trying to make more attractive place for the tourists. Here also
we will find about some Historical places there

5.2 Fish production and Exports of Bangladesh

Here we will show in recent years how our fish production in Marine Sectors. We have some
exclusive data of Fisheries Production 2000-2015. In this graph we will see that our Shrimp,
Prawn Production. Just if we see that our Marine Fisheries have big potential sectors. In 2000
prawn production was 93014 Metric ton and over the year it has been increased and in 2015 it
reached 223582 metric ton. On the contrary, in the marine fisheries sector 2000 was 379497
metric ton but in the 2015 it reached 599846 metric ton. Let’s calculate about this two fields
Annual Growth rate 7.02% for shrimp Production and one the other hand Marine Fisheries has
annual growth rate 6.14%.now I will show the Shrimp Production chart 2000-2015.

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 Shrimp Production ( Metric Ton)
250000

200000

150000

223582
100000 196306 206235 216447
184939
145585 155866
120710 127923 129160 134715
50000 114660
93014 97605 100804

Shrimp Production ( Metric Ton) 2 per. Mov. Avg. (Shrimp Production ( Metric Ton))

Descriptive Statistics of Shrimp Production

Here we will find out the Descriptive Statistics of Shrimp Production in our country over the
year 2000-2015.

Descriptive Statistics

N Range Minimum Maximum Sum Mean Std. Deviation Variance

Statistic Statistic Statistic Statistic Statistic Statistic Std. Error Statistic Statistic

shrimp production 15 1.31E5 93014.00 2.24E5 2.25E6 1.4984E5 1.15646E4 44789.51452 2.006E9

Valid N (listwise) 15

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We also have other resources of Marine Fisheries which also have a good contribution to our
economy to our GDP. Marine Fisheries was not considered as well good sector but after the
victory of Sea Area against Myanmar in 2014. And a Big sector has been considered as an EEZ
(Exclusive Economic Zone). Let’s have a sneak peak of Marine Fisheries of our country.

Marine Fisheries

Territorial water- 2,680 sq.n.miles

Exclusive economic zone- 41,040 sq.n.miles

Continental shelf- 24,800 sq.n.miles

Coast line- 710 km

Here are the fisheries sector production in year 2017 where as the marine fisheries
sector contributes as 16.28% and this sector has been divided has been two sides
like Industrial and Artisanal Fishing. Let’s get a view of fisheries production in
Bangladesh from Fisheries resources of Bangladesh Present status and future direction article.

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 Here we will get a short lists of Marine Fisheries production ruling with their local names and
their production years. We also show the Marine Fisheries Production below according to 2000-
2015 years Production Data.

Local Name 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010- 2011- 2012- 2013- 2014- 2015-
2011 2012 2013 2014 2015 2016

Hilsa/Illish 98,363 198850 196744 200100 202951 198574 225325 232037 252575 257626 251815

Bombay 37,924 39331 36009 36980 58263 58464 60750 62817 71745 51673 53950
Duck
Indian 1074 1018 969 1040 7733 7733 4521 3030 2445 1960 1020
Salmon
Pomfrets 12,035 12023 13061 16728 46643 50245 40478 39537 29693 23355 11437

Jew Fish 31,730 32538 35214 33803 38414 35514 36639 37929 30600 36170 31826

Cat Fish 19,037 18151 18131 20534 16515 16722 17193 19700 8594 9719 9476

Sharks, 4085 4448 4790 4767 3933 4794 4205 3865 5017 5648 5093
Skates &
Rays
Sardine 20187 29636 27590 32835

Marine Fisheries Production ( Metric Ton)

700000

600000

500000

400000

300000

200000

100000

Marine Fisheries Production ( Metric Ton) 2 per. Mov. Avg. (Marine Fisheries Production ( Metric Ton))

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 Descriptive Statistics of Marine Fisheries

Std.
N Range Minimum Maximum Sum Mean Deviation Variance Skewness Kurtosis

Std. Std.
Statistic Statistic Statistic Statistic Statistic Statistic Std. Error Statistic Statistic Statistic Error Statistic Error

Marine Fisheries
15 5.62E5 37947.00 6.00E5 7.22E6 4.8140E5 3.51285E4 1.36052E5 1.851E10 -2.682 .580 8.837 1.121

Valid N (listwise)
15

5.3 Findings
5.3.1 Fish Export Statistics
Fisheries and aquaculture sector have thought as the second most important contributors to the
export earnings of Bangladesh (2014). It is the second largest export industry in Bangladesh and
produces 2.5% of the global production of shrimp. The value of aquatic products in
international trade (export and import) in 2015 was US $649.1056 million. Exports were
75,337.93tons, worth about US $605.878 million and imports reached 88,593.50tons, with a value
of approximately US $44.1276 million. The worth of export in 2010, 2011, 2012, 2013 and
2014was approximately US $443.1063, 598.4771, 611.5135, 560.6393 and 636.7686 million,
respectively.
Bangladesh mainly exports ten categories of fishery products (Frozen freshwater fish, frozen
marine water fish, frozen shrimp, chilled fish, live fish, dry fish, salted dehydrate, live kusia, live
crab, and fish scale/shrimp scull) to more than 55 countries. In 2015, more than 45% of fishery
exports, by quantity, were exported to European Union (EU), which has always been among the
top markets. USA, Japan, Russia, China, Thailand, Vietnam, India, Malaysia, Philippines, Saudi
Arabia and others make up the other 55% . The USA and EU together account for around 80%
of the total shrimp export. The shrimp export for Bangladesh is primarily in the EU
The total imported fishery products in Bangladesh consisted of approximately 69.373% frozen
marine fish followed by 25.353% chilled or iced fish (2016). We got a view form
Fisheries_resources_of_Bangladesh_Present_status_and_future_direction)

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 Imports Exports
Years Quantity (Tons) Million US $ Quantity (Tons) Million US $
2010-2011 28981.19 13.1846 96469.23 443.1063
2011-2012 37180.12 18.72 92479.18 598.4771
2012-2013 63062.81 28.08 84904.5 611.5135
2013-2014 69778.11 39.4914 77328.86 560.6393
2014-2015 97383.67 39.5161 83524.37 636.7686
2015-2016 88593.5 44.1276 75337.93 605.878

It represents the Import And Export Marine Fisheries prospects.IT also represents which
country are take fisheries products from us according to the world bank reports

Imports Exports

Countries Quantity Million US $ Quantity Million US $

(Tons) (Tons)
EU 0 0 33498.73 365503980.4

USA 0 0 4032.2 53922872.98

JAPAN 0 0 2588.21 23532501.9

Other countries ( 0 0 35219.04 103318857.7

Russia,China,Thailand,Malaysia,India,Philipine,saudia arabia etc.)

India,Myanmar,Oman,Pakistan,Thailand 88593.5 421413194.3 0 0

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 Ocean economy reports of Bangladesh recent years from World Bank Reports

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 Chapter 06
DISCUSSION
6.1 Blue economic zone of Bangladesh: Corridor to Middle Income
Country:
World Bank (2014) revealed that center salary economies are those with a Gross National
Income (GNI) per capita of more than US$ 1045 yet not exactly US$ 12,746. Bangladesh was
found in lower-center pay nation classification in the year 2014, as it accomplished US$ 1080.00
which was just US$ 958 in the year 2013. Bangladesh Bureau of Statistics (BBS) distributed that
the per capita salary in Bangladesh ascended from $ 1190 to $ 1314 on May 14, 2015. Gimenez,
et al. (2014) expressed that the vision 2021 arrangement and the related viewpoint plan 2010-
2021, received by the Government of Bangladesh spread out a progression of improvement
focuses for 2021 . Among the center targets distinguished to screen the advancement toward the
vision 2021 goals is that of accomplishing a destitution headcount of 14 percent by 2021. The
rate of destitution headcount was about 28.5 percent by 2015, which fundamentally in front of
booked at Millennium Development Goal (MDG). Accomplishing the vision 2021 neediness
focus of 14 percent by 2021, in any case, is less sure as it requires a Gross Domestic Product
(GDP) development of something like 8 percent, or in excess of 2 rate focuses higher than that
saw as of late. As per the Bangladesh Bureau of Statistics (2016) records, GDP in Bangladesh
was 7.11% in FY: 2015-2016 at Bangladesh and assessed to be expanded at 7.20 in 2017 (BBS,
2016). Along these lines, the pattern is certain, and if Bangladesh can't use all the conceivable
degrees as sending out parts, marine assets, it may not be conceivable to end up a Middle-Income
Country inside the normal year by 2021. Bangladesh has a plan to move on from the Least
Development Country (LDC) status to that of a center pay nation by 2021 according to the
United Nations' grouping. In this unique circumstance, it is vital to evaluate the limit of the
nation's social framework in accomplishing the ideal dimension of monetary Development rate
and hence the focused on per capita salary level [24]. The marine assets are portrayed, while
accentuation is given to living assets, especially biological communities and fisheries. Of the
between tidal biological systems, mangroves are the most assorted and profoundly gainful and
critical provincially. Considering the major provincial and worldwide setting, fisheries and
aquaculture are critical, especially for penaeid shrimp (Penaeus monodon) and furthermore for
pomfret, hilsa shed, Bombay duck, mackerel, eel, lace fish, snapper, feline fish and Indian
salmon [3]. Bangladesh can build up the port office, limit just as increment in numbers as well.
Having more ports and building up the current two additional ports will be lower working
expenses, even from the higher measured of vessels as well. Counting the travel industry every
one of the degrees can go to the objectives appropriately (See Figure 2). More business action
will build the work open door for Bangladeshi individuals too which will straightforwardly go to
the required dimension of GDP to end up a center salary nation.

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Our government has an Exclusive Economic Zone (EEZ) for Blue economy and here this map
implies that perfectly. So government making some big steps for consultancy of blue economy
with experienced Foreign Marine Company to develop this field.

6.2 Overview of Bangladesh Ocean Economy (World Bank Report, November

2018):
When we talk about the blue economy we need to know about the Ocean economy in our study.
Though it does not have specific rules regulation before 2012 but after the conference it has
become most highlighted topic to our country. We have found a research of WWF on Blue
economy in this field so they introduce some topics in our Blue economy and World Bank also
approved this model. Let me show this model according to their st Blue Economy Principles
Proposed by WWF

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A blue economy is a marine-based economy that…
• Provides social and economic benefits for current and future generations by contributing to food
security, poverty eradication, livelihoods, income, employment, health, safety, equity, and political
stability.
• Restores, protects, and maintains the diversity, productivity, resilience, core functions, and
intrinsic value of marine ecosystems—the natural capital upon which its prosperity depends.
• Is based on clean technologies, renewable energy, and circular material flows to secure economic
and social stability over time, while keeping within the limits of one planet.
• Is governed by public and private processes that are . . .
1. Inclusive
2. Well-informed, precautionary, and adaptive
3. Accountable and transparent
4. Holistic, cross-sectorial, and long-term
5. Innovative and proactive
(Source: WWF excerpted in World Bank and UN DESA 2017.)
Organization for Economic Co-operation and Development (OECD) implies that ocean
economy has consisted with some major sectors and these sectors they showed us this way:

We got this chart from World Bank report on Blue economy report last November but at the
same time we also can get clarify if we see this chart and this chart developed by
The World Bank and UN DESA (2017) framework for a blue economy, as well as the
definition of FAO (2014), to be consistent with the three-dimensional sustainable development
paradigm (social, environmental, and economic dimensions) underpinning the Sustainable
Development Goals.

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 Theoretical Illustration of the Relationship between Key Concepts
Ocean
Ecosystem
Health Efficiency
Blue
Economy*

Equity

Ocean economy
(Growth & equity
)

Brown
Economy Shaded area represents
Investments in sustainability
Note: Two dimensional representation of a three-dimensional concept, as the blue economy represents improved measures of social dimension (equity),
Environmental dimension (biophysical), and economic dimension (efficiency).

Bangladesh is just now under the brown economy and when she catches the ocean economy she
will able to use the proper usage of blue economy. And hopefully according to their agenda they
will be able to prioritize this sector and that’s why our honorable govt. has been founded a
MARINE UNIVERSITY to Chittagong. It will be really beneficial to our country.

6.3 Conceptual framework for Blue Economy for Bangladesh

developed by UNESCO:
This paper attempts to check out some of the prominent techniques to put into effect sustainable
blue economic system in Bangladesh by using a panel of professionals from diversified fields. A custom
designed conceptual framework of the sustainable blue economic system is proven in determine 1
which applies for our United States of America. A panel of experts from different fields along
with Marine Biologists, Fisheries and aquaculture specialists, Marine trade experts,
Economists desires to be shaped to be able to move closer to sustainable blue economic system. The
panel of experts will design more than one courses of techniques like Sea Use management approach,
Marine Spatial management strategy, and Marine sources control approach. For every of
these strategies’ coverage need to be formulated subsequently. The designed techniques at the side
of the rules may be evaluated and monitored thoroughly. After the strategy appraisal procedure,
the intended and selected strategy/strategies will be implemented. The stages of
the intended version might be financed thru personal Public Partnership (PPP) for
sustainable boom and development in Bangladesh. it's miles palpable that integration and
coordination across the countrywide borders even though PPP will bring extra green use of the existing
research infrastructuresand improvement of thebrandnew matters inadditionto more competitionwhich
main to superior great and smart specialization and a joint marketplace location for developing

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and most appropriate control of the human capability. At the identical time, there are some of obstacles
in order to sluggish the progress of our improvement path. Consequently, we want to
overcome the demanding situations to implement Sustainable Blue economic system.

Conceptual Framework for Sustainable Blue Economy in Bangladesh

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 (A parameter for monitoring of Blue economy of Bangladesh developed by UNESCO)

6.4 Challenges for Blue Economy in Bangladesh

The position of marine belongings in monetary condition reduction, autarchy in
food productions, securing herbal stability, facing contrary outcomes of environmental change et
al. financial potential outcomes place unit limitless. however, with the possibilities and
viable results the problems conjointly accomplice. future may also we’ll be the difficulties: The
absence or excessive lack of ‘right coverage’ and ‘marine associated peoples/useful
resource folks’ at higher policy tiers and similar country wide businesses/frame in
applicable ministry/department is a great drawback for the implementation of many
troubles related to the ability improvement of one-of-a-kind marine sectors in Bangladesh.

01) We have to be compelled to assure our sovereignty over the whole coastal space &
keeping the protection over the business coastal vicinity of the Asian country.

02) The authority should be managed water degree rise and regulate in system and
temperatures, from coral bleaching.
03) Lack of knowledge, expert group of workers, and era to take maximum blessings from the
blue financial system, in particular for exploiting deep-sea fishes and seabed resources

04) Lack of cordial combination of visionary political management, green bureaucracy,

buyers of real entrepreneurial mind-set and progressive development thinkers to succeed in that
plan.

05) We have no strong grasp plan which will be centered on the whole coastal belt and focused
on extra-local players.

06) organizing marine friendly infrastructure for marine tourism. Like

 maintaining up funding-friendly surroundings in the particular area.
 inexpensive usage of biodiversity.
 Safeguarding mangrove and ocean grass
 Addressing environmental alternate and handling carbon discharge.

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  preventing acidification of waters.
 retaining ocean vicinity free from pollutants.

Annual Output from Bangladesh’s Ocean Economy, Incorporating Costs of Environmental

Degradation( The World Bank Report 2018):

Ocean economy Ocean economy Gross value added in Economic costs of environmental
sector industry/ service 2014-2015 (nominal US$ degradation (damages)
million)
Marine capture fisheries 1,167.79 [-] damage from altering ecological
structures by bottom trawling, for
example
Living marine Marine aquaculture 164.10 [-] damages from altering mangrove
resources ecosystems to develop shrimp ponds
Fish processing and 0.17 [-] Improper disposal of solid and
retailing liquid wastes from processing
Minerals Sea salt production 197.88
Energy Offshore gas and oil 1,205.14 [-] potential damages from oil spills
Transport 1,366.10
Transport and Ship and boat 525.27 [-] damages from pollutants released in
trade building/breaking ship breaking
Tourism and Coastal and maritime 1,567.43 [-] Costs of improper and unplanned
recreation tourism development
Carbon Blue carbon N/A
sequestration
Coastal Habitat protection, N/A
protection restoration
Total 6,192.98

6.5 Recommended Policy For Sustainable Development of Blue

Economy:
• Based on our in-depth-analysis concerning coverage making on SBE Bangladesh ought
to undertake some key projects on this context. The coverage makers ought
to put into motion the following techniques which are necessary for our average socio-
economic development.

• At preliminary degree a three-five-year plan for Blue economic

system assignment, by integration of Ministry of Fisheries and farm animals, Ministry of
Finance, Ministry of transport, Ministry of Water resources, Ministry of planning and Ministry of
ICT for technological guide.

• A panel of specialists from varied fields (Marine Biologists, Fisheries and aquaculture experts,
Marine exchange specialists, Economists (Nature and sources economist, Macroeconomist) can

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be added for tracking and comparing the SBE project. No policy/motion have to no longer be
taken without the approval of the professional panel.

• For technical and other help Bangladesh can take steerage or pointers from one of
the Blue economyachievement testimonies pronounced countries by UNEP (2015). we are able
to pass for some technical understanding alternate and professionals trade collaboration.

• For Sustainable Blue economic system, we must take some measures to reduce the pollution of
sea/ocean water and other environmental degradation.

• Sea financial quarter like EPZ may be an wonderful way to sell Blue economy. particularly the
Tourism, we've divine coastal and maritime tourism spots in Sundarbans, Patuakhali, Kuakata,
St. Martins, Moheskhali, and many others. by means of right management for Ocean tourism we
can generate huge revenue. in the SEZ we will build the preparations thru PPP for that tourism
like: accommodations, lodges, health care complicated, premises for special protection forces,
and premises for existence-guards Dock for Cruises and many others. If the venture receives a
success then the tourism sector can be benefitted as well as neighborhood economic
system, moreover, countrywide economy.

• Inclusion of habitant of coastal belt for sea fitness conservation, financial sports of
Blue economy through employing the locals, engagement of locals.
New economic preparations of Blue economy ought to now not deprive the costal
belts’ neighborhood people; they realize the
ocean plenty higher than another element’s people of the united states of America.

• Like land economy we need to supply significance to the Blue economic system since it has the
very best ability for acquiring new natural fuel supply, minerals,
employment possibilities, foreign foreign money from coastal and maritime tourism.

• Adequate infrastructural development tasks are had to sell coastal and maritime tourism
considering fact that tourism enterprise has become an emerging source of national income.

• Authorities, businesses and community partnership (public‐non-public partnership), need

to be evolved through commercial enterprise connectivity and incorporated infrastructure.

•We haveto introducewastedisposal strategies inclusiveof wasterecycling,incineration technique,

gasification, bioreactor landfills, composting, and anaerobic digestion and
soon. moreover, weareabletooughtto implement an incorporated Waste management (IWM) mac
hine for this unique cause.

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6.6 The future Prospects of Ocean Economy of Bangladesh:
Here we will see how our country will improve this sector and this report is made by THE world
Bank and it also shows impact on GDP.

Ocean economy Ocean economy Future trends

sector industry/ service
Marine fisheries Worldwide demand for fish and seafood will continue to grow.
To maintain current
Marine aquaculture per capita consumption levels as the population increases will
require aquaculture
Living Processing and production to double by 2050, at a minimum, assuming global
resources retailing capture fisheries production continues to stagnate or decline.
However, ending overfishing and rebuilding depleted stocks
could increase marine capture fisheries production by as much
as 20 percent (MEA 2005 and Waite et al. 2014). Bangladesh
may pursue growth from capture fisheries through management
and rebuilding of depleted stocks, while at the same time
exploring hatchery-based seed production and maricultural of a
number of marine species such as sea bass, grouper, marine
eel, pomfret, mullets, and mud crab (Scylla serrata). Hussain et
al. (2017a, 2017b) state that opportunities also exist for
maricultural of nontraditional marine living species such as
seaweed and other macro algae, mussel, oyster and other
shellfish (edible oysters, Crassostrea sp. Saccostrea sp, pearl
oyster, Anadra sp. green mussel, Perna viridis, clam, Meretrix
meretrix, Marcia opima, sea snails), sea urchin, and sea
cucumber.
Minerals Sea salt production Bangladeshi sea salt production has increased, but future
projections are not currently available (Al Mamun et al. 2014).
As the use of refrigeration increases, demand may decrease
over the long term.
Energy Offshore oil and Offshore oil and gas shares of global production increased
gas from 20 percent in 1980 to 30 percent in 2014, with total
production projected to grow at a rate of roughly 3.5 percent
annually up to 2030 (Brakenhoff 2015 and IAEA 2014). Gas
extraction is expected to grow in both shallow and deep waters,
from slightly above 17 million barrels of oil equivalent
(mboe)/day in 2014 to 27 mboe/day in 2040 (OECD 2016).
This trend is likely to influence Bangladesh, where production-
sharing contracts for multiple ocean blocks have been signed
recently. These contracts were based on estimates of large
offshore hydrocarbon resources located near the maritime
boundary with Myanmar, whose recent exploration activity
confirmed recoverable gas resources (Imam 2017, OGJ 2017,
and The Daily Star 2017). Globally, oil production is moving
further offshore, with new discoveries in waters as deep as

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 three kilometers , compared to one kilometer in the 1990s
(Brakenhoff 2015). The coming 15 years could see a
significant increase in deep water offshore production, while
production from shallow-water fields may decrease (OECD
2016). This projection assumes that current policies and
consumption patterns will not change, but does not consider
alternative pathways towards achieving the goals of the Paris
Agreement on climate change.

Transport and Transport Currently some 90 percent of global trade (by weight) is
trade carried on the ocean. By 2050 maritime freight transport is
projected to quadruple from 2010’s rates (OECD and ITF
2015). Seaborne trade has been projected to grow at an annual
rate of 4.1 percent over the period 2017-19, 4.0 percent on
average over 2020-29, and 3.3 percent between 2030 and 2040
(OECD 2016). Port-related operations and services would rise
by 4.7 percent annually from 2015 to 2020 (Lucintel 2015),
with an increasing trend over the longer term given the rise in
freight transport. At the same time, the sector is currently
responsible for 2-3% of global greenhouse gas emissions, and
under a business-as-usual scenario, the International Maritime
Organization estimates that carbon emissions from shipping
could increase by 50 to 250% between 2010 and 2050 (IMO
2015).
Ship and boat Growth in Asia is foreseen in both the ship breaking and ship
building and building industries.
breaking Ship building is a highly competitive global market, and thus
the market share that Bangladesh obtains will depend on
multiple factors. On the global market, tanker and container
ship building is expected to grow in the next decade, at higher
rates than the bulk carrier market (Hossain and Zakaria 2017).
The future of ship breaking in Bangladeshi is highly uncertain
given adverse environmental impacts and increasing
application of global market regulations for social and
environmental standards (Sarraf et al. 2010, Cairns 2014, and
ILPI 2016). Indeed, the industry is threatened by competitive
sources of steel and will not likely stay on its current growth
trajectory once suppliers impose environmental and social
standards (Colgan 2017b).
Ocean Ocean economy Future trends
economy industry/ service
sector

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 Tourism and Tourism Global tourism and travel will grow its contribution to GDP
recreation (already over 10 percent) by a projected 3.8 percent per year
from 2015 to 2025. As populations age and incomes rise in
many countries and transportation costs remain low, coastal
and ocean locations will become even more attractive tourist
destinations. Recent developments suggest that marine tourism
will grow at a faster rate than international tourism as a whole
(OECD 2016). This trend is expected also in Bangladesh,
where investment in the tourism sector is estimated to grow at
a projected 9.3 percent per year from 2018 to 2027.
International visitors during this period are expected to
increase by 7.6 percent per year, driving a growth in total
tourism GDP of 7.1 percent per year, and in employment of
1.8 percent per year (WTTC 2017). While urban areas may
receive much of this growth, potential locations for coastal and
ocean tourism have been identified at Patenga beach, Cox’s
Bazar beach, Himsory and Inani beaches, St. Martin’s Island
and beaches, Moheshkhai Island, the Sundarbans mangrove
forests, Kuakata beach, and Bhola and Monpura Islands
(Hussain et al. 2017a).
Coastal Marine-related Migration and development in the coastal zone around the
development construction world (defined as land less than 100 km from the coast) have
(infrastructure increased faster than in inland areas since 1970, leading to
development) much higher population densities in most of the world’s
“mega-cities” such as Tokyo, New York, Seoul, Mumbai,
Shanghai, and Jakarta. Development will affect a projected 91
percent of all inhabited coasts by 2050 (Neumann et al. 2015
and World
Bank 2012), including infrastructure for coastal protection in
response to sea level rise.
Carbon Blue carbon The full cost of carbon release by clearing mangroves has been
sequestration estimated at between
US$3.6 and US$18.8 billion per year, at a price (the true
“social” cost) of US$41 per ton of carbon dioxide (Pendleton et
al. 2012). Blue carbon conservation is expected to become a
significant portion of reductions in tropical forest emissions.
Coastal Habitat protection, Coastal habitats (coral reefs, mangroves, salt marshes, and
protection restoration seagrass/kelp beds) reduce wave height significantly (on
average between 35 and 71 percent across 69 sites studied) and
thereby help reduce flooding (Narayan et al. 2016). The need
for restoration of such habitats will grow under various
scenarios of climate change. As the sea level rises, at least 900
million people could be living in vulnerable low-lying coastal
zones (that is, with less than 10 meters of elevation), mostly in
Asia (Neumann et al. 2015).

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6.7Frequently Asked Questions( FAQ) :
01) WHAT is blue economy :

 Blue economy is the ocean based economy where only marine

resources are given prioritize to improve the nation’s earnings as well
as their livelihood.

02) WHAT is EEZ ?

 EEZ means Exclusive Economic Zones where

resources are potential and govt. verified this places
with high security.

6.8 Limitations of this study :

Since it could be a little extend consider, it has a few confinements for the specific
reason. Basically, it influences the explanatory process.
•Firstly, utilize test not populace. The investigation of this consider is depending
on the test so there must have some arbitrary error

. •Secondly, this ponder may be a subjective consider. So, it considers as it were

subjective information. But the subjective factors are out of the scope of the study.

•Finally, data concurring to the ponder are based on auxiliary information.

Auxiliary data may be controlled or inadequate. As those companies are tall profile
company

so this can be inconceivable to procure the essential information. The chapter is all
around the detail talk of the ponder. After this chapter following chapter will draw
the conclusion of the consider additionally the proposal or assist investigate region
will be talked about.

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 Chapter 07
Conclusion

7.1 CONCLUSION
It can be concluded that Bangladesh wishes at this moment to create greater attention and
develop the horizon toward using maritime resources and bring about socio-financial changes in
the lives of human beings of Bangladesh. Waters surround the us. from three elements, and it has
many rivers. The blue economy can be one of the possible solutions for Bangladesh to gain
sustainable monetary growth. This have a look at tried to gift the current situation of the blue
economy in Bangladesh. From the evaluation, we discovered that the sea production and
aquaculture production is increasing. It is a proper sign. but, frequent floods in Bangladesh are
adverse the opportunities of blue sectors. without having nicely-skilled, skilled and educated
human assets in different marine industries, sustainable and dynamic blue financial system is not
feasible for any country. The coastal regions like Cox's Bazar, St. Martin, Kuakata can make
contributions much to the monetary improvement of Bangladesh if we can use those assets as it
should be.

References:
1. Blue Economy of Bangladesh: Opportunities and Challenges for Sustainable
Development , Md.khairul Islam, Mahbubur Rahman, Zobayer Ahmed (2018).pg(4-6).
2. Fisheries resources of Bangladesh: Present status and future direction,
Md. Mostafa Shamsuzzaman a, b, *, Mohammad Mahmudul Islam b, Nusrat Jahan Tania
a, Md. Abdullah Al-Mamun c, Partho Protim Barman b, Xiangmin Xu a(2016),pg(3-
7,13).
3. The Prospects of Blue Economy to Promote Bangladesh into a Middle-Income
Country, Md. Monjur Hasan, B. M. Sajjad Hossain, Md. Jobaer Alam, K. M. Azam
Chowdhury,
Ahmad Al Karim, Nuruddin Md. Khaled Chowdhury (2018).pg(2-8).
4. Bangladesh Fisheries Statistics.
5. Blue economy report Bangladesh, Novemeber 2018, THE World Bank.

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 Appendices
Table 01. The country percentage of Blue economic Zones in South Asia.

Country Percentage

Bangladesh 2.5

India 2.1

Pakistan 5.6

Maldives 0.4

Srilanka 1.3

Myanmar 0.2

Nepal 0

Table 02 : Shrimp Production since 2000-2015 years.

Years Production( Metric Ton)
2000-2001 93014
2001-2002 97605
2002-2003 100804
2003-2004 114660
2004-2005 120710
2005-2006 127923
2006-2007 129160
2007-2008 134715
2008-2009 145585
2009-2010 155866
2010-2011 184939
2011-2012 196306
2012-2013 206235
2013-2014 216447
2014-2015 223582

Table 03: total fisheries production in our country:

Sectors Percentage
Inland open water Capture 28%
Inland open water Culture 55.72%

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 Total Inland water fisheries 83.72%
Industrial (Trawl Net) 2%
Artisanal fishing 16.28%
Total Marine Fisheries 18.28%

Table 04: total Marine Fisheries Production since 2000-2015 years.

Year Marine Fisheries Production ( Metric Ton)

2000-2001 37947
2001-2002 415420
2002-2003 431908
2003-2004 455207
2004-2005 474597
2005-2006 479810
2006-2007 487438
2007-2008 497573
2008-2009 514644
2009-2010 517282
2010-2011 546333
2011-2012 578620
2012-2013 588980
2013-2014 595385
2014-2015 599846

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