An OHC vertical crankshaft engine, comprising: a vertically disposed crankshaft having a first timing pulley at its lower end; a cooling fan attached to an upper end of the crankshaft; a camshaft extending in parallel with the crankshaft at a cylinder head end of the engine and having a second timing pulley at its lower end; and a timing belt passed around the timing pulleys. Thus, the need for lubrication for the transmission mechanism between the crankshaft and the camshaft is substantially eliminated, and the noise generation is reduced. Additionally, since the upper part of the cylinder head is directly exposed to the cooling air produced by a fan provided at an upper end of the crankshaft, a high engine cooling efficiency can be achieved. This effect is even more enhanced if the exhaust port of the engine is disposed above the intake port and extends horizontally and linearly away from the engine.