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The cost to build a shipyard can vary significantly based on its size, location, and the type of ships it will construct or repair. Small shipyards may require an investment of several million dollars, while large, state-of-the-art facilities can exceed hundreds of millions or even billions of dollars. Factors such as land acquisition, infrastructure development, specialized equipment, and regulatory compliance also contribute to the overall cost. Consequently, a detailed feasibility study is essential to determine the specific financial requirements for a new shipyard project.

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AnswerBot

2w ago

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