The possibility of Finnish participation in the project came up during a visit to St. Petersburg by Finnish Minister of Economic Affairs Jyri Häkämies (Nat. Coalition Party). The Russians said that participating companies could be offered tax breaks.
“We will bring the infrastructure that is needed to the area so that the companies would be able to operate. A business park will start operating there at the end of this year”, says Dmitri Mironenkov, deputy director of the Russian state shipyard company OSK.
A new shipbuilding centre is to be set up in Kronstadt when the old Admiralty Shipyard moves there.
The Admiralty Shipyard area runs along the banks of the Neva River in the centre of St. Petersburg. The shipyard was established in 1704 in the new city at the orders of Tsar Peter the Great. It currently gives employment to 6,000 people.
The first phase of the new shipyard at Kronstadt should be ready in 2017.
Last year the Korean STX Corporation signed a contract worth 720 million US dollars with OSK for the construction of a shipyard.
Finnish companies could supply the shipyard with machinery and technology.
“This is a project worth billions. At best, we are talking about hundreds of millions [for Finnish companies], but it is hard to predict”, Häkämies said to Finnish journalists.
The Russians would like Finnish shipbuilders to set up either a joint venture or an independent subsidiary in the area.
The new Kronstadt facility will be a modern shipyard based on mass production of military craft as well as maritime transport ships and vessels for internal waterways.
Timo Suisto, deputy CEO of the Korean-owned STX Finland does not believe that a new shipyard in St. Petersburg will take work away from Finland, where the shipyards focus on specialised ships.