Independent journal on economy and transport policy
17:55 GMT+1
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Wärtsilä inaugurates a new plant for the assemblage of marine engines in China
It is realized in joint venture with the Chinese Yuchai Marine Power Co. (group Guangxi Yuchai)
September 2, 2014
The Finnish group Wärtsilä, in collaboration with the Chinese Yuchai Marine Power Co. , branch of the group Guangxi Yuchai, consolidates own presence in China with the takeover of a new factory for the assemblage and the test of marine engines to medium speed Wärtsilä 20, 26 and 32. The plant, that it is situated in the district of Doumen to Zhuhai, in the province of Guangdong, is inaugurated by the Wärtsilä Yuchai Engine Co., one joint venture 50:50 between Wärtsilä and Yuchai Marine Power.
The new factory covers an area of 266.700 square metres and, second the forecasts, will reach the full operativity before the end of 2016.
"Since China is the main world-wide supplier of ships of new construction - he has explained the president and managing director of Wärtsilä Corporation, Björn Rosengren - the Chinese market plays a central role in the total strategy of increase of the Wärtsilä. With the inauguration of other joint venture of Wärtsilä in China we demonstrate not only to our fort engagement turned to this important market, but compiamo also ulterior a meaningful step in widening our presence in the region".
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