Shipbuilding Industrial Park News

The government of northern port city of Hai Phong on Thursday unveiled a detailed plan to develop a $49 million shipbuilding industrial park in Thuy Nguyen district. The Vinashin-Shinec shipbuilding industrial park (SIP) was formed in September last year and run by the Shinec Trading and Manufacturing Joint Stock Company, an affiliate of the Vietnam Shipbuilding Industry Group (Vinashin). SIP has so far attracted seven major projects, including a joint venture between Vinashin and Finland’s Mac Gregor group, a $100 million project of the Swedish company, IKEA, and a steel structure plant of Vinashin. The park is offering many incentives…

Hock Seng Lee Bhd (HSL) will develop a shipbuilding industrial zone in the new township of Tanjung Manis in central Sarawak. The proposed 142 hectacre zone will cater for the construction, repair and maintenance of ships and other related downstream activities. HSL signed a memorandum of understanding with Sarawak Timber Industry Development Corp (STIDC), which owns the land, for the proposed joint-venture project. STIDC said in a statement Tanjung Manis shipbuilding zone was expected to attract major shipbuilders in Sibu and from overseas. “The shipyard repair and maintenance will cater for ocean liners and cargo vessels with capacity of up to 20,000 tonnes.