SDARI set to expand

摘要

Shanghai Merchant Ship Design & Research Institute (SDARI) has paid RMB160 million (US$24.33 million) for a 10,000m~2 building next door to its Shanghai headquarters. The unfinished building was sold at a court auction and will be re-modelled by SDARI to develop a research centre for the group with a further RMB80-100 million (US$12.16-15.02 million) investment from the company.