MHI Extends Its Australia/Oceania Reach by Establishing MHI Australia Pty. Ltd. in Sydney

(BUSINESS WIRE)-- Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors, and 2) to serve as a base for developing relationships with Australia's academic bodies, including universities and research institutes. MHI Australia will help drive proactive sales support as well as broad information gathering to reinforce MHI's business structure in the Australia/Oceania region as well.

Australia, with its abundant reserves of energy and mineral resources, especially natural gas and coal, and its solid and sustainable economy, offers outstanding market potential for the MHI Group's diverse businesses. Recognizing this growth capacity, MHI has decided to focus on developing operations in Australia recognizing the country's important position for MHI's regional strategy from a global perspective. ...

Source : http://me-newswire.net//news/17616/en...