The Balkan Shipbuilding and Ship Repair Plant will start using advanced technologies received from the Korean company Koryo Shipbuilding Industry Technology Co., Ltd. This is reported by Asmannews online edition.

The new Korean-made equipment will enable the shipyard to build up to 5 vessels per year to meet the growing demand. Before the introduction of the new equipment, the shipyard built up to 4 vessels per year. The advanced shipbuilding technologies will also contribute to the development of export opportunities.

The shipyard is actively working on increasing its own production capacity, improving the quality and range of vessels. The transfer of Korean technologies demonstrates Turkmenistan's commitment to integration into the world shipbuilding community.