Greater China

Lianzhong Marine integrates marine industries in Dalian


Dalian: Dalian Lianzhong Marine Group, an investment group in Dalian with focuses on the shipbuilding and equipment sector, is integrating Dalian’s marine industries by developing a Marine Industrial Park on Changxing island.

The group has already invested in the phase 1 project of Dalian Marine Equipment Park together with Dalian government, and is now fully investing in the phase 2 project which will be completed by 2013 and start full operation by 2015.

The group also joined hands with Italian company Aicon Yachts to build a yacht manufacturing base on the island with a total investment of €60m.

This year, Lianzhong Marine Group has boosted its shipping finance service by setting up three subsidiary financial leasing companies to better serve the growing shipping industries in the region. Until now, the group has provided financing service of total RMB140m to enterprises in the industrial park.

“Under the background of the central government’s industrial integration policy, Dalian’s advantageous location and port resources will be facing greater opportunities and promote the overall development of China’s marine industry,” an official from Lianzhong Marine Group told Sinoship News at Shiptech Dalian 2012.  [24/10/12]

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