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VietNamNews

Quang Ngai to develop $1m shipyard

Update: November, 05/2014 - 07:00
The central province of Quang Ngai has approved the building of a VND22 billion (US$1 million) composite-hulled shipyard at Sa Ky port. — Photo giaothongvantai

QUANG NGAI (VNS) — The central province of Quang Ngai has approved the building of a VND22 billion (US$1 million) composite-hulled shipyard at Sa Ky port.

Built by Quang Minh Ltd. Co., the shipyard will produce steel and wooden fishing vessels for local fishermen and neighbouring provinces.

The province is scheduled to get 189 new fishing ships in the 2014-16 period. It currently has a fishing fleet of 5,500 vessels, of which 450 are offshore fishing boats. —VNS

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