Large-scale shipyard becomes operational in Hai Phong

The Vietnam Machinery Erection Corp. (LILAMA) on March 18 put into operation a large-scale shipyard in the northern coastal city of Hai Phong. The shipyard which is part of a master plan for shipbuilding industry development till 2010 approved by the Prime Minister has a total investment of VND260 billion. The shipyard will be directly managed by the Hai Phong Equipment Manufacturing and Shipbuilding Company (LISEMCO) under LILAMA to build five new vessels and repair nine others a year, each with a loading capacity of 6,500 DWT.
LISEMCO’s general director Tran Viet Khanh said the yard has been planned to become a national top industrial equipment manufacturing centre, capable of building 10,000 DWT-capacity vessels.
At the inauguration ceremony, LILAMA also handed over a 3,300 DWT container ship and laid keel for another under a shipbuilding contract worth of US$5.6 million with Germany.