Aalborg links with Vinashin
16 May 2005
Construction of a marine boiler manufacturing plant, jointly funded by the Viet Nam National Shipbuilding Corporation (Vinashin) and the Danish company Aalborg Industries, officially began in Hai Phong?s An Hong industrial park recently. The plant has an investment capital of $3 million, of which Vinashin contributed $750,000.
The managing director of Aalborg Industries, Kristen Langkjaer, stated that this is a long-term investment in Viet Nam by Aalborg Industries based on the belief that Viet Nam?s shipbuilding industry will continue to develop and grow in regional importance. Vinashin?s representative said the company?s involvement in marine boiler manufacturing was part of its long-term strategy to establish satellite plants which promote the development of Viet Nam?s shipbuilding industry.
With support from the Danish International Development Agency, Aalborg Industries is also implementing a programme to promote technology transfer and technical education for workers at the plant, and initiatives to ensure the compliance of projects with environmental protection policies. The new factory is expected to be up and running in the first quarter of next year, with 70% of its output destined for export markets and the remainder for domestic use.
The managing director of Aalborg Industries, Kristen Langkjaer, stated that this is a long-term investment in Viet Nam by Aalborg Industries based on the belief that Viet Nam?s shipbuilding industry will continue to develop and grow in regional importance. Vinashin?s representative said the company?s involvement in marine boiler manufacturing was part of its long-term strategy to establish satellite plants which promote the development of Viet Nam?s shipbuilding industry.
With support from the Danish International Development Agency, Aalborg Industries is also implementing a programme to promote technology transfer and technical education for workers at the plant, and initiatives to ensure the compliance of projects with environmental protection policies. The new factory is expected to be up and running in the first quarter of next year, with 70% of its output destined for export markets and the remainder for domestic use.
