Industrial Development Bureau News

The Industrial Development Bureau of the Department of Economic Development (IDB) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Ports to establish a joint-program that will help attract investment and further develop and enhance the fast-evolving industrial sector of Abu Dhabi. The MoU, signed at the Abu Dhabi Department of Economic Development by Eng. Ayman Al-Makkawy, Director General of the Industrial Development Bureau, and Captain Mohamed Juma Al Shamisi, CEO Abu Dhabi Ports, is built on the foundation of knowledge-exchange.

According to tallies released by the Taiwan’s Industrial Development Bureau, the production value of Taiwan's shipbuilding industry is expected to amount to $1.6b, up 21% versus the previous year.

Business in Asia Today claims that the production value of Taiwan's shipbuilding industry is expected to amount to NT$52 billion (US$1.6 billion) for 2007, up 21 per cent over the year-earlier level, according to tallies released Thursday by the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs. This will mark the first time the country's shipbuilding output has topped NT$50 billion, IDB officials said, predicting that the production value will further expand to more than NT$60 billion for 2008. For the first 11 months of this year, Taiwan's state-owned shipbuilder, CSBS Corp., Taiwan, saw its revenue amount to NT$26.2 billion and its pre-tax net profit hit a record-high of NT$4 billion, the officials said.

The production value of Taiwan's shipbuilding industry is expected to amount to $1.6b for 2007, up 21 percent over the year-earlier level, according to tallies released Thursday by the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs. For the first 11 months of this year, Taiwan's state-owned shipbuilder, CSBS Corp., Taiwan, saw its revenue amount to NT$26.2 billion and its pre-tax net profit hit a record-high of NT$4 billion, the officials said. Source: Business in Asia Today