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Official: Indonesia to team up with China in shipyard buildings

Freight News | September 13, 2009 | View Comments
  • Indonesia would team up with Chinese investors in building shipyard industry in Indonesia in 2010 with initial feasibility study starting this year, the Business Week bulletin reported here on Friday.

    I Nyoman Sudiana, director of Shipyard industry, Indonesia Offshore
    Industry and Shipping Association (Iperindo) said that the would-be
    established joint shipyard industry would take raw materials from
    Indonesia.

    The plan to set up the joint shipyard industry was resulted from Indonesian delegation’s visit to China last month.

    Sudiana said that feasibility study would consist of consideration to
    produce the type of ships and the number of ships to be built in the
    shipyard.

    According to Iperindo’s analyses, Indonesian shipyard industry needs an
    additional investment of 28.5 trillion rupiah (about 2.85billion U.S.
    dollars) to increase its production capacity up to 2.5 million gross
    tons (GT) in the next five years.

    Citing the initial study carried out by Iperindo and the Industrial
    ministry, to cope with domestic needs Indonesian shipyard industry
    needs to improve production capacity by 500,000 GT with total
    investment of 5.7 trillion rupiah (573.8 million dollars) a year.

    Currently, national installed capacity for construction of new ships was only at 225,000 GT.

    Source: Xinhua

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