Report: Malaysia to Boost Shipbuilding

Tuesday, December 06, 2011
Malaysia plans to boost its shipbuilding and repair industry through regulatory intervention and incentive packages for investment and human capital development,Bloomberg is reporting. The government has developed a plan in conjunction with the Association of Marine Industries of Malaysia which aims to generate $2b of gross national income and 55,000 jobs by 2020, the news agency reported. Key contributions will come from an expected uptrend in building and repairing oil and gas support vessels for energy exploration and replacing state-owned Petroliam Nasional Bhd.’s vessels.

Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.0439 sec (23 req/sec)