CSMC invests in terminals

Taipei: Taiwanese company, China Steel Machinery Corporation (CSMC), has signed contracts with the Ministry of Transport to lease No.74 and No.75 terminals in the port of Kaohsiung.

The company will be engaged in the investment of raw material processing equipment, coal loading and unloading equipment, offshore drilling platforms and offshore engineering equipment. The company also plans to invest up to NT$100m to build the terminal area into one of its production bases.

CSMC is a subsidiary company 100% invested by China Steel Corporation. The company has been participated in local and international projects related to steel, power plants, petrochemical plants, green energy and oil rigs. [17/10/14]

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