Add 50 million USD invested to SaiGon Offshore Fabrication and Engineering LTD

On 9-2, SaiGon Offshore Fabrication and Engineering LTD(Dong Xuyen INDUSTRIAL ZONE, Vung Tau City) has launched a new investor in the company.

At the launch, Mr Chan Eng Yew, General Director of Triyards, said the Group Lotus has decided to invest 50 million dollars in Triyards in order to restructure the company's operations. Triyards has three shipyards in Vietnam, including 2 factories in Ho Chi Minh City Vung Tau and 1 factory in HO CHI MINH CITY. , Primarily serving the oil and gas industry, with the types of ships such as tankers, vessel, boat lift, pipe laying ship ... 2014-2016 stages, due to the price of oil falling deeper, the petroleum industry has difficulty affecting the operation of the Triyards.

At present, the company has been through a difficult period and are restructuring operations, in which the focus of product diversification, not just ships serving the oil and gas industry but also to other sectors such as: scientific research ship , chemical tankers, cruise ships ...

So, with the Lianhua Group invested 50 million, total investment of Triyards to be upgraded to 105 million.