Although the China Rilin Construction Group is engaged with several international firms, including West Legend and U.S. Rilin, in construction and logistics deals worldwide, it focuses many of its efforts on Liaoning Province, China. The firm is also affiliated with the Dandong Port, one of the most vital trading hubs in Asia. In recent years, the China Rilin Construction Group has worked with Daewoo Shipbuilding and Marine Engineering (DSME) to develop the Dandong Port.
In 2012, the Rilin Group and DSME launched plans to build a dockyard on Hwanggumpyong Island, a special economic district under North Korean jurisdiction. China and North Korea had established a free trade zone the previous year, spurring economic development on the small island near China’s eastern border. DSME is one of the world’s leading shipbuilding and offshore contracting firms, and the project plans for the dockyard include ship repair services and steel structure manufacturing.
The two firms extended their partnership later in the year, initiating the collaborative Shipbuilding and Heavy Industry Project in Dandong, which features ship construction as well as offshore engineering equipment manufacturing. Similar to the companies’ Hwanggumpyong industrial project, the Dandong venture also includes steel structure facilities. At the time of the signing ceremony, the agreement was backed by an initial investment of $330 million, with future investments expected to reach $2 billion.
In 2012, the Rilin Group and DSME launched plans to build a dockyard on Hwanggumpyong Island, a special economic district under North Korean jurisdiction. China and North Korea had established a free trade zone the previous year, spurring economic development on the small island near China’s eastern border. DSME is one of the world’s leading shipbuilding and offshore contracting firms, and the project plans for the dockyard include ship repair services and steel structure manufacturing.
The two firms extended their partnership later in the year, initiating the collaborative Shipbuilding and Heavy Industry Project in Dandong, which features ship construction as well as offshore engineering equipment manufacturing. Similar to the companies’ Hwanggumpyong industrial project, the Dandong venture also includes steel structure facilities. At the time of the signing ceremony, the agreement was backed by an initial investment of $330 million, with future investments expected to reach $2 billion.