South Korea unveils plan to dominate ‘next-gen’ shipbuilding market
Five-year plan coined ‘K-Shipbuilding Strategy for Next-Generation Market Dominance’ includes measures on technology, alternative fuels and manufacturing
South Korea is launching an ambitious five-year plan to capture more than 80% of the ‘next-generation shipbuilding market’. It has earmarked nearly $500m for the sector in a bid to fend off Chinese competition
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