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Malaysia plan to boost shipbuilding
by hlk Tue 06 Dec 2011, 17:31
Malaysia plans to boost its shipbuilding and repair industry through regulatory intervention and incentive packages for investment and human capital development, Prime Minister Najib Razak said.
The government has developed a plan in conjunction with the Association of Marine Industries of Malaysia which aims to generate RM6.4 billion (US$2 billion) of gross national income and 55,000 jobs by 2020, Najib said in a statement today.
Key contributions will come from an expected uptrend in building and repairing oil and gas support vessels for energy exploration and replacing state-owned Petroliam Nasional Bhd’s ageing vessels, he said. -- Bloomberg
The government has developed a plan in conjunction with the Association of Marine Industries of Malaysia which aims to generate RM6.4 billion (US$2 billion) of gross national income and 55,000 jobs by 2020, Najib said in a statement today.
Key contributions will come from an expected uptrend in building and repairing oil and gas support vessels for energy exploration and replacing state-owned Petroliam Nasional Bhd’s ageing vessels, he said. -- Bloomberg
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