This is the second centre of its kind to be launched by GE in Asia and serves as an affirmation of the company’s commitment to the long-term development of the Vietnam economy through building local capability and resources.
“I’m very proud to mark GE’s 20 years of presence in Vietnam with the opening of our new engineering centre which will bring a new GE engineering capability to Vietnam,” said John Rice, GE’s vice president. “In addition to the $110 million wind turbine manufacturing plant in Haiphong, the new Vietnam Engineering Centre is testament to our long-term partnership with the country as we work together to nurture local capabilities and skills, help build sustainable economic growth, and strengthen Vietnam’s role and status in the region."
The establishment of GE’s first engineering centre in Vietnam was announced by Rice during his visit to the country in November 2012. Today, the center officially begins operations with a team of 41 engineers, all of whom are supporting different product lines in the subsea portfolio.
Located in District 7 in Ho Chi Minh City, the engineering centre will provide product design and applications services that focus on the oil and gas sector in Vietnam and the surrounding region. The centre will employ up to 200 engineers in the coming years and expand into application engineering and production design for other GE businesses.
GE has been in Vietnam since 1993 starting with a representative office in Hanoi and expanding to Ho Chi Minh City in 2001. In 2003, GE established GE Vietnam Ltd, offering a wide range of products and services in the field of energy, healthcare and aviation. GE now employs more than 700 people in Vietnam focused on helping to bring a broad range of infrastructure capabilities to the country in what it describes as a “company to country” partnership.
Since 2009, GE has invested more than $110 million in its Haiphong manufacturing facility which employs more than 600 staffs, engineers and other skilled workers. Wind turbine generators and other components manufactured in Haiphong are exported to GE’s manufacturing and service centers around the globe. Total export volume stands at $390 million since inception and is the highest amongst industries in Haiphong.
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