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Japanese fund spurs private investment to double shipbuilding capacity by 2035
A Japanese government fund for revitalizing the shipbuilding industry has begun to spur private-sector investment in projects aimed at doubling the country's capacity by 2035. This initiative comes as builders reverse course on downsizing due to booming demand, with some shipyards like Hakodate Dock having over a three-year order backlog, though obstacles remain.
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