Namura Shipbuilding has announced plans to build a newbuilding dock for large vessels in Imari Bay, Saga Prefecture. The project would be the first construction of a large dock in Japan since 2017, while the government has set out a policy to double domestic shipbuilding output by 2035 through ¥1 trillion in public- and private-sector investment.
Namura Shipbuilding has disclosed plans to build a new large dock in Imari Bay, Saga Prefecture. The company aims to have it operational by 2035, which would make it the first new large dock built in Japan since 2017.
The move is intended to support the revival of the shipbuilding industry, which has been positioned as one of the priority investment areas under the Abe administration and recent growth strategies. The government has set out a policy of investing ¥1 trillion through the public and private sectors by 2035 to expand domestic shipbuilding capacity.
In response to the government's plan, Namura Shipbuilding is expected to pursue long-term capital investment centered on its Imari facility, with the aim of securing domestic shipbuilding capacity and restoring the industry's market competitiveness.