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HITACHI ZOSEN: ESTABLISHMENT AND START OF OPERATIONS FOR THAI LOCAL SUBSIDIARY
Tuesday 08/08/2017
OSAKA, Japan, Aug 8 (Bernama-BUSINESS WIRE) -- Hitachi Zosen Corporation (TOKYO:7004) recently established a local subsidiary in Thailand, HITZ (THAILAND) CO., LTD. (Bangkok, Thailand; President: Ken Okubo), which started operations on August 1st. Background to establishment
A large number of infrastructure development projects are currently being planned for the Southeast Asian market. Hitachi Zosen is working on increasing projects for products such as the energy-from-waste plants, water treatment plants, shield tunneling machines, bridges, hydraulic gates, and so on.
Hitachi Zosen opened its Bangkok office in 1994. However, to allow Hitachi Zosen to rapidly expand the business in this market and increase the brand recognition to establish Hitachi Zosen as a leading company in energy-from-waste plants, the Bangkok office was reorganized into a local subsidiary, which started operations on August 1st. This will make it possible to carry out flexible, agile business activities that are even more closely connected with the local area.
Future expansion
Hitachi Zosen has already constructed a flood control gate at Ayutthaya, the Rama IX Bridge, and a chemical plant in Rayong Province, to name just a few. In addition to these projects, Hitachi Zosen has received orders and supplied multiple energy-from-waste plants, water treatment plants, shield tunneling machines, and other infrastructure projects, and is working on strengthening the after-sales service business.
Outline of the new company | Company name: | | HITZ (THAILAND) CO., LTD. | | Representative: | | Ken Okubo | | Location: | | 19th Floor, Room 1911, BB Building, 54 Sukhumvit 21 (Asoke) Road, Klong Toey Nua, Wattana, Bangkok 10110, Thailand | | Contact No.s: | | Tel.: +66-2259-4831, Fax: +66-2259-4833 | | Capital: | | 10 million baht | | Businesses: | | Support work for projects for the Southeast Asia region |
| | Major developments in Hitachi Zosen energy-from-waste power generation project in Southeast and South Asia
| | Region | | Hitachi Zosen Sites
| | Major Developments | | Southeast Asia | | • HITZ (THAILAND) CO., LTD.
• Ho Chi Minh Office
• HITACHI ZOSEN VIETNAM CO., LTD.
• PT. HITZ INDONESIA
• Singapore Branch
• Hitachi Zosen Myanmar Co., Ltd. | | • Energy-from-Waste plants:
Thailand: 2 (under construction)
Vietnam: 1 (undergoing trial operations)
Malaysia: 1 (under construction)
• Other:
Concluding a comprehensive cooperation agreement with the Lao Ministry of Energy and Mines (MEM) for project development in the field of environment and green energy.
| | South Asia | | • Hitachi Zosen India Private Limited
• Hitachi Zosen India Private Limited
Hyderabad Branch
| | • Energy-from-Waste plant:
India: 1 (completed) |
Source: Hitachi Zosen Corporation |
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