Shipbuilding Complex Breaks Ground in Vietnam

Wednesday, May 02, 2007
Construction of a $106m shipbuilding complex began in Hau Giang Province. The plant is expected to be a major booster to economic growth in the Mekong Delta. The complex will produce ships of up to 70,000 tons. The state-owned Vietnam Shipbuilding Industry Group (Vinashin) has planned to pour $68.7m in the plant. The complex will also house a container production factory, a ship engine manufacturing plant, ports, and a self-reliant thermo-electric power plant. Three other Mekong Delta provinces, Long An, Ca Mau and Kien Giang, have also begun work on ship yards to produce 20,000-100,000-ton vessels. Source: Thanhnien News

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