AVIC Weihai Shipyard diversifies business

Dalian: AVIC Weihai Shipyard has started the construction of its new engineering equipment manufacturing project. Total investment on the project is RMB1.5bn.

Phase one  will become a manufacturing base for cement engineering equipment. German company KHD Humboldt is a strategic partner for the project.

Production expected to start by May 2015. [29/10/13]

Related Posts