Analysis: Building and Repairing Ships and Boats

The Building and Repairing of Ships and Boats sector industry can be regarded as a particularly sensitive and strategic sector. It develops advanced technologies providing valuable by-products for other sectors, it provides the basic means of transport for international trade, and makes a decisive contribution to defence and security by equipping navies with technologically advanced vessels. In addition to this, the Building and Repairing of Ships and Boats sector provides high levels of employment for various subcontractors and module makers, and it also operates as an important economic multiplier with spin-offs into other sectors.

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