Genting HK to invest 100m euros in German group of shipyards

Singapore

GENTING Hong Kong will invest 100 million euros (S$149 million) in a group of three shipyards that it acquired in Germany in April.

Genting Group chairman and chief executive KT Lim said the 100 million euros will go towards a thin plate laser welding line, a cabin module factory, a new covered section block building hall, the modernisation of manufacturing control systems, and new executive and employee offices and facilities.