Multi-purpose vessel to be handed over to its owner at the end of this month

Multi-purpose vessel to be handed over to its owner at the end of this month
Multi-purpose vessel docked at Myanma Shipyards-AMECC Mechanical Joint Venture Co. Limited
Multi-purpose vessel docked at Myanma Shipyards-AMECC Mechanical Joint Venture Co. Limited
Published 11 June 2019
Shun Le Win

Myanma Shipyards-AMECC Mechanical Joint Venture Co. Limited is planning to transfer the newly built multi-purpose vessel to its owner, Directorate of Water Resources and Improvement of River Systems under the Ministry of Transportation and Communications at the end of this month, said its general manager Kyaw Kyaw.

The joint-ventured company is building new nine vessels and one of them will be transferred to the hand of its owner soon, according to Myanma Shipyards.

The Myanmar Shipyards was founded in 1970 as a state owned shipyards and started running as a business from 2013-14 FY. It signed an agreement with Dong A Shipbuilding Industry JSC from Vietnam in January 2015 to establish Myanma Shipyards Dong A joint-ventured company limited and started the business in October 2015.

After that, AMECC Mechanical Construction JSC from Vietnam was included in the joint-ventured business and its name was changed to Myanma Shipyards-AMECC Joint Venture Company Limited to build vessels, river-crossing bridges and road-rail bridges.