Monday, November 12, 2012

[Ship Building] Russia invests in shipbuilding

Russia invests in shipbuilding

MOSCOW, Nov 8 (PRIME) -- Russian government plans to invest over RUB 600bn ($19bn), including RUB 330bn of budget funds, in shipbuilding industry, said Prime Minister Dmitry Medvedev on Thursday.
“The program is aimed at restoring Russia’s position in the world as a ship builder. The financing of the program will exceed 600 billion rubles, including 330 billion rubles from the federal budget,” Medvedev said.

The program envisages the development of vessels for research and development, shelf searches, and ice vessels.



Published : November 9, 2012


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