PSC Naval Dockyard Sdn Bhd (PSCND) hopes to increase its local shipbuilding content to 70% from the current 30%, said yard director Ishkandar Shah Amin Shah.
The company, which has a 15-year concession to repair and maintain all ships and craft of the Royal Malaysian Navy (RMN), is 70% owned by PSC Industries Bhd (PSCI), which has clinched a multi-billion ringgit contract to manufacture and supply the RMN with patrol vessels.
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