TIRANA, July 30 /ATA/ The government approved today the draft decree for the re-designation of Pashaliman shipyard to support the new bilateral joint venture between KAYO and Fincantieri.
Minister of Defense Ermal Nufi appreciated that this decision paves the way for the development of Pashaliman shipyard and the establishment of a commercial cooperation with one of the largest shipbuilding companies in the world.
According to Nufi, the shipyard will produce ships with a length of up to 82 meters, marking an important step in increasing the production and technological capacities of the maritime industry in Albania.
He emphasized that the shipyard will be completely transformed and adapted for the construction of ships of this category, while the investment is expected to bring benefits both for national security, for development of the technological industry and the creation of new jobs. /m.q/a.f/p.s./
