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Chinese Shipyard hands over Two light stealth Frigates to Bangladesh Navy

Chinese news agency Xinhua reported on 03 April that two light frigates designed and built by the China Shipbuilding Industry Corporation (CSIC) for the Bangladeshi navy were delivered on the same day. The delivery ceremony was held at a CSIC base in Qidong, east China's Jiangsu Province. As per its website, CSIC is one of the largest business groups operating under the central government and is listed on the Fortune Global 500. The group has a total asset base of USD62.95 billion. CSIC’s total workforce numbers around 150,000.  The CSIC group includes a number of well-known shipyards, diesel engine manufacturers and research institutes which are associated with the flagship listed subsidiary. Wuchang Shipbuilding Industry Co., Ltd. Is a part of the CSIC where the two ships for the Bangladesh Navy were built.......................................

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