Far East | Industry, manufacturing

RFs $5bn 10-y Far East shipbuilding announced

1 Jan '10
The RF government has plans to allocate as much as $5bn by 2020 for civilian shipbuilding in Russias Far East, RF Prime Minister Vladimir Putin said.

According to Mr. Putin, Russias United Shipbuilding Corporation (USC) will receive orders from the countrys largest companies controlled by the government, such as Gazprom, Rosneft, Sovkomflot, as well as a number of fishing firms.
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