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Construction of new shipyard to start in 2008

13 February 2008 21:45 (UTC+04:00)
Construction of new shipyard to start in 2008

The construction of a new shipyard will start in Azerbaijan this year. The business plan of the enterprise is being developed and financial issues concerning construction operations to be carried out by Korea's STS Company are being solved.
Small and medium-size vessels and equipment will be produced and repaired at the shipyard, the Azerbaijan Investment Company said.

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