State Subsidies Led to a Boom in the Construction of Fishing Vessels

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According to ITAR-TASS, government subsidies for the construction of new fishing vessels led to a boom in their construction. This was stated by Deputy Prime Minister Yury Borisov at a meeting of the Marine Board.

“The real boom is observed in the construction of fishing vessels. Of course, this was facilitated by the activities carried out within the framework of the state program, ”said Borisov, talking about the program of subsidizing the construction of fishing vessels.

State Subsidies Led to a Boom in the Construction of Fishing Vessels

“The volume of funds allocated for subsidies has a steady upward trend, but does not yet fully cover the needs of customers of vessels,” he said.

 

 

Source: Maritime News of Russia