Japanese Oshima Shipbuilding Group has agreed to construct a $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.
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The project will occupy a total area of 304 ha 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 cooperates with Nha Trang University in training local personnel as well as through sending apprentices to Japan.