Ministry of Industry and Energy approved strategy of shipbuilding sector until 2020

Russia's Ministry of Industry and Energy has approved strategy of development of the nation's shipbuilding sector for the period up to the year 2020, according to the government of Vladivostok-led Primorsky Krai Territory as quoted by AK&M.

The strategy has been developed in accordance with the orders of President Vladimir Putin and the Government of the Russian Federation on the basis of the current programs and plans.

The approved strategy of the shipbuilding sector development (including construction of fishing vessels) provides for state investments into refurbishment, technical modernization of the industry's facilities, construction of modern vessels as well as scientific and production facilities.

The document also provides for legislative support of the shipbuilding sector. Within the above guidelines, the corresponding legislative acts may be entrusted to regional authorities. Besides, the ongoing regional shipbuilding projects will be amended accordingly as well as the design range of the vessels to be built.

Vladivostok

Primorsky Krai Territory (capital Vladivostok) has been defined as one of the centres of shipbuilding. At present, OAO Dalnevostochnyi Centr Sudostroyenia I Sidoremonta (plc, Far Eastern Centre of Shipbuilding and Shiprepair) is being formed in the province as a subsidiary of the United Shipbuilding Corporation (OSK as abridged from Russian).

OSK, which is being formed now in accordance with President's order, is to unite the industry's government-owned leading companies into a single holding which is supposed to optimize their structure and help develop the general strategy of shipbuilding and shiprepair in Russia.

Far Eastern Centre of Shipbuilding and Shiprepair will be based in Primorsky Krai, however, it will bring together the respective companies based not only in Vladivostok, but also in Khabarovsk and Kamchatka.