Doosan Infracore ventures into Vietnam's bus engine market
SEOUL, July 11 (Yonhap) -- Doosan Infracore Co., South Korea's leading construction equipment maker, said Tuesday that it plans to provide some 500 engines to be mounted on buses in Vietnam.
Doosan Infracore said it showcased a compressed natural gas-powered bus in Ho Chi Minh City earlier in the day in a ceremony with local commercial vehicle manufacturer SAMCO.
The South Korean firm plans to provide CNG engines to other Vietnamese carmakers, such as TRACOMECO.
Last year, a total of 14,770 buses were sold in Vietnam, sharply up from 12,178 units a year earlier.
Doosan is also moving to supply CNG bus engines in Indonesia.
The company has been engaged in manufacturing engines used for buses and power generators since 1975.
sam@yna.co.kr
(END)
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