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Quanzhou Shipyard gets 2 billion yuan in restructuring funds

Quanzhou Transportation Development Group (QTDG) plans to revitalize Quanzhou Shipyard, with a total planned investment of 2 billion yuan.
 
QTDG plans to restructure 7 docks under construction or already built, 2 docks with a class of 300,000 DWT and 2 berths with a class of less than 10,000 DWT.
 
The group will also introduce industries such as ship repair, shipbuilding, offshore manufacturing and logistics.
 
With a planned capacity of 100,000 DWT, Quanzhou Shipyard is one of the largest shipyards in Asia.
 
Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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