Shipbuilding · 2023
DMG Heavy Industries JV
Project Overview
In 2023 DMG formalised a joint venture with a leading Korean heavy-industry partner to establish advanced shipbuilding and fabrication capacity in East Africa. The JV combines Korean engineering expertise and technology with DMG's regional knowledge, local workforce development, and established client relationships to deliver a new generation of marine and industrial products.
Key Features of the Project
- Technology transfer and Korean engineering expertise integration
- Establishment of local heavy fabrication facility
- Workforce training and upskilling programme
- New vessel product lines including landing craft and barges
- Localisation of steel procurement and sub-components
- ISO-certified quality management system implementation
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