Today Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi-global.com) 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, says the company. 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.
MHI Australia will focus on developing business opportunities in the energy and environment fields, including thermal power generation facilities, as well as diverse fields such as logistics equipment and compressor products for use in natural gas fields, and so on. MHI will also take advantage of MHI Australia’s close proximity and ties with a wide range of Australian communities to sow the seeds for joint research with local universities and research institutes, both public and private. MHI’s global strategy further calls for the new entity to develop supply chains in Australia spanning across MHI’s various fields of business.