The commercial shipbuilding industry is suffering from a dwindling fleet and scant domestic manufacturing, while needing USD 12.8 billion in investment over the next decade to keep the fishing fleet afloat, the government informed.
At the first meeting ot the newly established subcommission on fishery and aquatic farming of the Union of Entrepreneurs and Industrialists, Igor Orlov, chief executive of the Yantar Baltic Shipbuilding Plant, stressed that the shipbuilding industry could make a comeback, reports The Moscow Times.
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