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FINANCIAL NEWS
Bahrain’s Asry to execute up to 240 projects in 2013
23 May 2013
(MENAFN) Arab Shipbuilding and Repair Yard (Asry) CEO, Chris Potter, announced that the Bahraini company will carry out between 220-240 projects during the current year, reported Gulf Daily News.
Potter added that Asry, one of the region’s largest shipbuilding businesses, will invest millions of dollars to establish another floating dock
He noted that under the company’s new 5-year plan, Asry will improve and develop existing facilities, and will also look for more capabilities for new kinds of business.
It is worth noting that Asry will establish a branch office in Saudi Arabia to access the Kingdom’s high volume of petrochemical transportation business.
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