Vema Seamount Authority seeks bilateral deals to build factories overseas

October 07, 2020 – The Vema Seamount Authority seeks bilateral deals with counterparts to secure building sites for Mount Vema companies working on designs and preparations to build and assemble parts, components, and structures for the City of Mount Vema.

The news comes after sources told VSBCnews that Handy Deed is finding it hard to find shipyards willing to take on City of Mount Vema projects, specially the urgent ones like the Jack up barges and the floating dry docks.
 
As Handy Deed continues to procure, sources have said that the Vema Seamount Authority is asking foreign leaders to reach out as he seeks to offer deals that could be of benefits to all parts. The source also said that the Vema Seamount Authority is willing to put forward some ideas to keep its overseas industries operating while maintaining public safety without the need to complete lockdown.