Business Dec. 23, 2011 - 05:01AM JST ( 0 )

TOKYO —

Stepping up the pace of its global expansion, Hitachi Plant Technologies Ltd is in the process of establishing local subsidiaries in Southeast Asia and India. The new companies will engage in autonomous diversified operations and build close ties with customers and communities in their location.

Hitachi Plant Technologies (Asia) Pte Ltd in the Republic of Singapore will oversee operations of local subsidiaries in Southeast Asia. Moreover as its affiliated subsidiaries, Hitachi Plant Technologies (Thailand) Co Ltd (provisional name) in the Kingdom of Thailand will be established and PT Hitachi Plant Technologies (Indonesia) Co Ltd (provisional name) in the Republic of Indonesia and Hitachi Plant Technologies (Vietnam) Pte Ltd (provisional name) in the Socialist Republic of Vietnam will be established in March 2012.

Furthermore, Hitachi Plant Technologies (Asia) Pte Ltd will retain existing subsidiaries including Hitachi Aqua-Tech Engineering Pte Ltd in Singapore, PHPC Co Ltd Inc in the Republic of the Philippines and MHPT Engineering Sdn Bhd in Malaysia.

A further subsidiary, Hitachi Plant Technologies (India) Pvt Ltd (provisional name) in the Republic of India, will be established in February.

Hitachi said these local subsidiaries are being launched to speed up decision-making and create a system to clarify responsibilities. The aim is also to develop business activity firmly rooted in the region. Supervisory control of region-wide operations will be assigned to Hitachi Plant Technologies (Asia) Pte Ltd to provide management support in areas such as marketing, sales, technology, and procurement. This arrangement is also expected to enable efficient allocation and utilization of management resources and to strengthen global recruitment of human resources, training and corporate governance.

Business Wire