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Another Qingdao yard sets up

Another Qingdao yard sets up

Qingdao:  Based on the latest news from the Qingdao City State-Owned Assets Supervision and Administration Commission, Qingdao Yangfan Shipbuilding Co., Ltd. that is funded by Yangfan Group and Qingdao Machinery Industry General Co., Ltd. recently registered and was established. With a total registered capital of RMB650m, the new company will lay a strong foundation for the construction of the shipbuilding base at the Jimo Nvdao Lingang industrial zone. Qingdao is an emerging shipbuilding base with a huge number of yards suddenly making international waves. Other Qingdao shipbuilders include: Qingdao Shipyard, Qiangdao Qianjin Shipyard, Qingdao Jimo Mastek Shipyard, Qingdao Hyundai Shipbuilding and Qingdao Beihai Shipbuilding Heavy Industry. [29/7/08]

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