OREANDA-NEWS. June 09, 2010. Opening the meeting, Dmitry Medvedev noted that the shipbuilding industry needs to undergo more intensive technological modernisation in order to meet the domestic market’s demands and expand exports.

The President outlined a number of priorities for the sector, including completing work on the Military Shipbuilding Development Programme, drafting a long-term comprehensive programme for developing the shipbuilding industry, and finalising state support measures for the sector. President Medvedev stressed that state support must be backed up by an increase in labour productivity, more effective use of assets, and cost-cutting efforts in the industry.

Mr Medvedev also said that setting the shipbuilding industry on an innovative development track requires closely coordinated efforts between the federal agencies and the integrated enterprises set up in the sector.