Daewoo Shipbuilding & Marine Engineering of Korea and China Rilin Group will work together to diversify business portfolios.
Both parties have signed a cooperation agreement in Liaoning, China on August 22, on the vessel repair, offshore facility construction and steel structure fabrication.
A governmental official from Liaoning said that Liaoning's one of key industries, shipbuilding, has a great potential with stable business foundation, such as infrastructure, superior technical skills and personnels, etc.
He added that we hope both companies to have a win-win effect through a close cooperation.
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