Bank Of Baku

Construction of Baku Shipbuilding Plant to be completed in two years

Construction of Baku Shipbuilding Plant to be completed in two years
# 25 October 2011 09:04 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Construction of Baku Shipbuilding Plant will be completed in 2013.

The main purpose in construction of plant is to provide the demand or new ships. The plant will produce ships for State Oil Company of Azerbaijan, Caspian Sea Oil Fleet, Caspian Sea Shipping, military and border services. Besides, 60-70,000-tonnages tankers – Caspian Max tankers will be constructed in the plant.

At the initial stage, 1,000 work places will be launched in the plant. Some years later, this number will reach 1,700-2,000. After opening of this plant, Azerbaijan will eliminate the dependence on the foreign countries.
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