The government has allocated 1 billion rubles to advance efforts in the development, production, and modernization of ship equipment. This funding is part of an official order signed by Prime Minister Mikhail Mishustin, aimed at sustaining momentum in a key strategic sector.
Officials say government support will drive the ongoing development, creation, and mass production of ship components. The intended outcome is to enable the construction of more than one hundred vessels across various categories, including commercial fleets, passenger ships, technical support craft, and fishing vessels. This coordinated effort is framed as strengthening domestic capabilities and expanding capacity across the shipbuilding industry, with a focus on reliability, efficiency, and safety in operations at sea.
The order clarifies that federal funds will cover up to 80 percent of the costs associated with researching, developing, and implementing new equipment. The plan envisions expenditures being funded in 2024, while 14 billion rubles were already allocated in 2023 for similar purposes. The overarching objective is to ensure continued advancement in the sector as part of a broader economic and industrial strategy, reflecting ongoing commitment to modernization and domestic production pipelines.
In early May, Mishustin also signed an order that supplements the plan to develop the Northern Sea Route by 2023 with new measures. The emphasis is on creating domestic samples of essential ship component equipment required for building ice-breaking ships, ice-class cargo vessels, and rescue ships, as announced by the government. This step aligns with long-term plans to enhance Arctic logistics, strengthen maritime autonomy, and support national resilience in northern waters, as reported by official channels [citation].