Japanese Oshima Shipbuilding Group has agreed to construct a US$180 million shipyard in the central coastal province of Khanh Hoa, according to Nguyen Chien Thang, Chairman of the Khanh Hoa Provincial People’s Committee.
The project will occupy a total area of 304ha of Cam Thinh Dong Commune in Cam Ranh Town. Using the latest technology, the shipyard will build 24 different types of cargo vessels with capacities between 38,000 – 56,000 DWT.
Currently, Oshima co-operates with Nha Trang University in training local personnel as well as through sending apprentices to Japan.
(VNA)