China Shipbuilder CSIC Diversifies Operations
China Shipbuilding Industry Corporation (CSIC) signs agreement with Sansha Municipal Government to work on infrastructure energy & water resources.
China's major ship-building conglomerate will start infrastructure, energy and water resources projects in Sansha, the country's southernmost city in the South China Sea, reports China Daily.
The Sansha Municipal Government signed a package of cooperation agreements with China Shipbuilding Industry Corporation, the state-owned conglomerate that engages in manufacturing and scientific research in a number of maritime industries.
Sansha is China's youngest city, set up in July on Yongxing Island in the South China Sea to administer the Xisha, Zhongsha and Nansha islands and their surrounding waters.
Development has sped up in recent months on the islands under the jurisdiction of Sansha. Construction on a desalinator has begun. When completed in December 2013, it will supply clean water to nearby islets and reefs, as well as passing ships. Until then Sansha residents have to rely on fresh water shipped from Hainan province.