Mitsubishi Heavy Industries opens Australian presence

Mitsubishi Heavy Industries, Ltd (MHI) has opened MHI Australia Pty Ltd in Sydney. The aim of the company is to strengthen ties with Australia’s government institutions, and its economic and industrial sectors, as well as to serve as a base for developing relationships with Australia’s academic bodies, including universities and research institutions. 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, is seen as offering outstanding market potential for the MHI Group’s businesses. Recognising this growth capacity, MHI has decided to focus on developing operations in Australia recognising 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 in other diverse fields such as logistics equipment and compressor products for use in natural gas fields, etc.

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 institutions, 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.

MHI President and CEO Shunichi Miyanaga commented: “Over the years, starting with delivery of a steam turbine for a power generation plant in Collinsville, a town in the suburbs of Townsville in 1969, the MHI Group has supplied numerous thermal power generation systems, compressors and metals machinery to Australia, helping contribute to Australia’s rapid development. Today, together with the Japanese Government, MHI is participating in the process to pick a partner for Australia’s Future Submarine program. With the establishment of MHI Australia, we hope to integrate the MHI Group’s full technological strengths and experience in large-scale project management across a wide spectrum of business areas. Working in lock step with the advanced initiatives being taken in Australia’s industrial and academic sectors, we will bring new waves of innovation in diverse Australian industries, so that we may grow and prosper together.”