Design and Economic Analysis of a Floating Self-Propelled Convention Center in Bangladesh

Abstract

Convention centers are a noteworthy establishment of every society that is widely used to host various programs. In the perspective of Bangladesh, with its huge populace, convention centers are evident everywhere due to quite a high number of the events. But these convention centers are riddled with issues like difficulty in renting the convention center at the preferred time on an affordable budget. Often, the situation presents itself as the following dilemma, choosing a well reputed and well-furnished convention center with proper amenities by waiting a long time (around 6-12 months) with a huge sum (2-5 thousand US$) or sacrificing any or all aspects of required amenities just to meet the preferred time or budget. In short, not only an acute shortage of aesthetic convention centers in Bangladesh exists, under a reasonable budget and availability; such modern convention centers are not being established either on a noteworthy basis. Here the maritime industry can penetrate the market of convention centers. By designing a vessel specialized for hosting events, it presents itself as an attractive offer to many people looking for their perfect venue. A floating self-propelled convention center has many lucrative features as a venue. For instance, a venue on a journey by river offers a unique experience that is impossible for a land-based convention center. Furthermore, if costs can be managed and a reasonable rental price can be offered there will be no shortage of demand. This paper explores the potential popularity and feasibility of this venture through comprehensive surveys, designing an appropriate vessel and performing an economic analysis to show that it is quite a viable business opportunity that requires further attention, in the form a pilot project.