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Rosneft proposes to entice private investors to build Zvezda shipyard

Rosneft CEO spoke about the creation of a super shipyard at a meeting on the development of shipbuilding in the Russian Far East
Photo ITAR-TASS/Mitya Aleshkovsky
Photo ITAR-TASS/Mitya Aleshkovsky

VLADIVOSTOK, August 19 (Itar-Tass) - Russia’s oil company Rosneft proposes to entice private investors to the project of constructing the super shipyard Zvezda and create a consortium. The oil company would be able to guarantee orders, and Gazprombank act as a strategic financial partner of the future syndicate.

Rosneft CEO Igor Sechin made this statement at a meeting on the development of shipbuilding in the Russian Far East.

“We propose to entice to this project a consortium of interested investors who would be able to provide financial support, attraction of modern technologies, the needed equipment, which in fact should result in the creation of a new technological center, a cluster for marine equipment building and shelf development.