Hitachi Zosen: Establishment and Start of Operations for Thai Local Subsidiary

OSAKA, Japan--(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.: [phone], Fax: [phone]
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)