On March 12, Tidfore Heavy Equipment Group Co., Ltd and SYNERGY Brazil signed an EPC cooperation agreement for the technological upgrading project of two subordinate shipyards. The contract amount is around 230 million dollar.

Founded in 1975, SYNERGY Group is now a large-scale comprehensive group company with a wide scope of business covering aviation, energy, shipyard, investment, business management and national security. Its business extends all over Latin America with an annual sales revenue exceeding 5 billion dollar. (Written by Yijiang)