Maritime spatial planning (MSP) - is a mechanism for the integrated management of maritime areas in which a central vision for the future of the area, in conjunction with knowledge of activity interactions and impacts, guides the location, timing, intensity and future development of all activities in the maritime space. It recognizes that seas and oceans are drivers for the economy with great potential for innovation and growth.

About MSP

Maritime spatial planning (MSP) - is a mechanism for the integrated management of maritime areas in which a central vision for the future of the area, in conjunction with knowledge of activity interactions and impacts, guides the location, timing, intensity and future development of all activities in the maritime space. It recognizes that seas and oceans are drivers for the economy with great potential for innovation and growth. A comprehensive understanding of the maritime environment is crucial for successful MSP, as is a thorough understanding of how maritime activities impact each other and the environment. In conclusion it can be said that the future development potential of a Blue economy strategy for Bangladesh strongly depends on the ability of the economic actors to find a business model which fits the developmental stage and the national and global developments. However, once confidence of the future potential is established, new players can easily enter the business, invest, upscale and grow the business. Once risks subside, large industrial players (e.g. from pharmaceutical, chemical and cosmetics, but also energy, utility and mining companies) are expected to become interested in the opportunities of Blue economy. Access to finance is therefore amongst the most important barriers for the maritime economic activities in the not so developed maritime economic functions. Clearly, investment risks are substantial in this phase, but so can be the rewards. Apart from funding of activities in the development phase, access to finance can block the realization of investment plans and new business initiatives. In light of this, it is essential that Bangladesh recognizes the true potential of its marine resources and develops an integrated maritime policy that acknowledges the interlinkages that exist between the different domains and functions of its seas, oceans and coastal areas. The Blue Economy strategy builds on policy initiatives to recognize the potential of these marine resources and thus aids in realizing a future strategy towards smart, sustainable and inclusive growth. Our ability to compete and achieve future success in maritime economic activities, such as deep sea fishing, aquaculture, international/coastal shipping, port infrastructure, coastal and cruise tourism, offshore drilling, renewable energy, biotechnology, coastal protection, salt production, human resource for maritime activities and development of existing islands and chars will have important knock-on effects for both upstream and downstream suppliers. Successfully rolling out tomorrow's maritime economic activities will, therefore, have a positive impact on an entire portfolio of other maritime economic activities, namely those of a cross-cutting nature such as shipbuilding, blue biotechnology, drilling in the Bay and port infrastructure, human resource and maritime monitoring and surveillance
 

Contact Us

Location:

Office: Department of Fisheries, Bangladesh
13, Shohid Captain Moonsur Ali Sharani
Matshya Bhaban, Ramna, Dhaka-1000

Call:

02-9562861