The project includes building a shipyard that allows for combined ship-building and ship-repairing services, with an annual ship-building capacity of five 1,500-3,000 DWT ships and an annual ship-repairing capacity of fifty units of 1,500-3,000 DWT ships. The synchro shiplift capacity is 5,000 tons. The shipyard has an area of 560,000 m2. Land area is 270,000 m2 with workshop construction area of 33,000 m2. The project was completed and taken-over in February 2002. The synchro shiplift system won the Shanghai Progress of Science and Technology Award in 2003.
In 2005, CAMCE provided 4×5,000kW diesel engines, system propellers and generator groups to the 108-m ships built by the Thilawa Shipyard.
On December 12, 2008, CAMCE held a ceremony in celebration of the “10th Anniversary of Thilawa Shipyard”. With the theme of “Achieving Success Through Ten Years’ Efforts”, the ceremony reviewed the unforgettable days of development, construction and operation of the shipyard.