The project involves the planned development of a new shipbuilding plant in Mangystau Region, Kazakhstan, in the Kazakh sector of the Caspian Sea. The initiative was publicly announced after a framework agreement was signed between Mangystau Region and Damen Shipyards Group during the Kazakhstan–European Union business forum in Brussels. The project is intended to create a modern shipbuilding production facility in the Caspian region. Its stated objective is to support the development of domestic industrial capacity and strengthen Kazakhstan’s maritime transport infrastructure. The investment value publicly announced by the regional authoriti... Read more