Russia will build a state-of-the-art shipyard in the Vladivostok region in East Russia capable of building 12 ships a year, according to statements by the press service of the United Shipbuilding Corporation (USC) ahead of the Sept. 4-6 Eastern Economic Forum.
A USC statement said the site is being developed on the instructions of the USC president within the limits of Vladivostok on the shore of Ussuri Bay, where the climatic conditions allow for a long production period associated with operations on water, proximity to developed trade routes, developed industrial cooperation, including countries of the Asia-Pacific region, and access to labor resources.