Investment into the Kotlin Shipyard project, which creates 6,500 new jobs, will reportedly amount to nearly RUB 35 billion. The shipyard is scheduled to be constructed in eight years.
The shipbuilding is a priority in the industrial complex of St. Petersburg. The city enterprises and organizations manufacture about 70% of the total output of Russia’s shipbuilding industry.
USC is planning to launch the main phase of construction at the shipyard on. Kotlin (St. Petersburg) in 2013-15. By 2017, the yard must be completely constructed. The shipyard is expected to manufacture annually 120,000 tons of metal production.