You are here

S Korea to spend 11t won by 2020 to support shipbuilding

Tuesday, November 1, 2016 - 05:50


SOUTH Korea, home to the world's three biggest shipbuilders, plans to spend about 11 trillion won (S$13.4 billion) by 2020 to help the industry amid a dearth of new orders and prolonged losses.

The government intends to order more than 250 vessels and provide about 6.5

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom