He stated this at a meeting on the development of the shipbuilding industry with Russian President Vladimir Putin.

“In order to implement several hundred new projects by 2030, it is also necessary to modernize and significantly expand the capacities of enterprises themselves,” TASS quoted him as saying.

Manturov noted that earlier funds for technical re-equipment in the field of shipbuilding were allocated exclusively for military shipbuilding.

Earlier, the head of the Ministry of Industry and Trade announced a high load at Russian shipyards.