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Shipbuilding and ship-repair yard to be built in Kazakh Mangistau region

Business Materials 22 October 2013 15:33 (UTC +04:00)

Azerbaijan, Baku, Oct. 22 / Trend E. Kosolapova/

The Kazakh National Company, Kazakhstan Engineering is to develop a project on the construction of a shipbuilding and ship-repair yard in the Kazakh Mangistau region, Kazinform reported.

A project on construction of a similar plant at the port of Kuryk on the Caspian Sea is being developed by the Kazakh KazMunaiGas Company. KazMunaiGas has a partner and financing for the project's implementation. A feasibility study has been developed with design estimates currently under development.

The parties are considering the possibility of the project's joint implementation.

"Kazakhstan has no shipyards on the Caspian Sea. The capacity of ship repair yards is quite low. Our company's shipbuilding plants are located 510 km away from the coast at the city of Uralsk.

The capacity of the stream of the Ural river (shoaling, short shipping season) restrains further development of these shipbuilding facilities including production and repair of vessels over 500 tons," Kazakhstan Engineering's Deputy Chairman Kairat Tilebaldinov said.

According to Kazakhstan Engineering's Deputy Chairman Kairat Tilebaldinov, some 340 civilian and military vessels are in service in the Kazakhstan sector of the Caspian Sea. Their average age is about 30.

According to the Kazakh Transport and Communication Ministry, Kazakhstan will require some 240 merchant vessels by 2020. In addition 200 vessels will require repair per year. This index will reach 1500- 2020 vessels by 2020.

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