Hanoi (ANTARA News/Asia Pulse) - Vietnam's first ship engine plant, a joint venture between the Bach Dang Shipbuilding Corporation and Mitsubishi Heavy Industries (TSE:7011), was put into operation on February 3.

The plant in the northern port city of Hai Phong will enable the country to build its first ships using domestically made engines. The plant will churn out 22 diesel engines with a capacity of 2,600-23,500 Kw each year.

The first engine will be installed at a 22,500-tonne ship ordered by the VINASHIN Petroleum Investment and Transport Joint Stock Company.


Source:
Business in Asia Today - Feb. 5, 2010
published by Asia Pulse

Editor: Ricka

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