Construction of a VND1.7 trillion (US$106 million) shipbuilding complex began Monday in Hau Giang Province. The plant is expected to be a major booster to economic growth in the Mekong Delta.
The 290 hectare complex will produce ships of up to 70,000 tons. The state-owned giant Vietnam Shipbuilding Industry Group (Vinashin) has planned to pour some VND1.1 trillion ($68.7 million) in the plant.
The complex will also house a container production factory, a ship engine manufacturing plant, ports, and a self-reliant thermo-electric power plant.
Vietnamese Prime Minister Nguyen Tan Dung attended the ground-breaking ceremony and asked local authorities to help facilitate construction of the complex. He called on the province and concerned ministries to focus on preparing human resources for the complex.
Vietnam’s shipbuilding industry has grown by leaps and bounds over the last decade, now capable of building 53,000-ton vessels.
The industry has secured contracts worth over $10 billion from both domestic and foreign clients, official sources said.
Three other Mekong Delta provinces, Long An, Ca Mau and Kien Giang, have also begun work on ship yards to produce 20,000-100,000-ton vessels.
The 290 hectare complex will produce ships of up to 70,000 tons. The state-owned giant Vietnam Shipbuilding Industry Group (Vinashin) has planned to pour some VND1.1 trillion ($68.7 million) in the plant.
The complex will also house a container production factory, a ship engine manufacturing plant, ports, and a self-reliant thermo-electric power plant.
Vietnamese Prime Minister Nguyen Tan Dung attended the ground-breaking ceremony and asked local authorities to help facilitate construction of the complex. He called on the province and concerned ministries to focus on preparing human resources for the complex.
Vietnam’s shipbuilding industry has grown by leaps and bounds over the last decade, now capable of building 53,000-ton vessels.
The industry has secured contracts worth over $10 billion from both domestic and foreign clients, official sources said.
Three other Mekong Delta provinces, Long An, Ca Mau and Kien Giang, have also begun work on ship yards to produce 20,000-100,000-ton vessels.