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Expansion underway at Asry

Expansion underway at Asry

Manama: Asry is on track with its $188m expansion programme, and expects to see 400mtrs out of its planned 1,380mtr quay wall completed this year with an addition 800mtrs scheduled for completion by end 2011.

"I am pleased with the progress of the construction work on the quay wall project," Asry chairman Shaikh Daij bin Salman bin Daij Al Khalifa told Gulf Daily News. "We also look forward to the completion of work on a new modern administration building by August this year. The new building should lead to better efficiency and more conducive working environment."

"When the ongoing expansion programme is completed, it will significantly enhance Asry's capacity and further strengthen its position as a major ship repair yard in the region," he added. "This will position the company well to withstand the increasing competition in the market and to take advantage of the opportunities that will arise from the anticipated recovery in the global economy, especially in the shipping industry," he added.  [01/07/10]