Tianjin Gets OK for Shipbuilding Industrial Fund

Friday, September 05, 2008

's National Development and Reform Commission has recently approved , a municipality in the north of the country, to prepare for establishment of a CNY 20 billion shipbuilding industrial investment fund.
It is the second industrial investment fund the city sets up after Bohai Industrial Investment Fund was launched. So far, is the pilot city with the most industrial investment funds the authority permitted nationwide.
Since the CNY 20 billion Bohai Industrial Investment Fund debuted at the end of 2006, various funds have been mushroomed. There have been more than 100 equity and VC investment funds there.
The shipbuilding industrial investment fund will directly fund purchase of large-sized ships and special vessels, strengthen the country's shipbuilding capacity and create a financing system for shipbuilding and operating.

Source:  Trading Markets

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

SAFE Boats Delivers First CIV for Air and Marine Operations

SAFE Boats International (SBI), a manufacturer of aluminum boats located in Bremerton, Wash., has completed the first Coastal Interceptor Vessel (CIV) on contract from U.

Defense Appropriations Bill Includes $1 Bln for US Icebreaker

The U.S. Senate Appropriations Committee’s FY2017 Defense Appropriations Bill has included $1 billion in funding to accelerate construction of a new polar icebreaker for the U.

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0507 sec (20 req/sec)