Nakhodka Ship Repair Plant (JSC “NSRP”), as a resident of the Free Port of Vladivostok (FPV), has implemented a project to modernize a shipyard in Primorsky Region. Under an agreement with the Far East and Arctic Development Corporation (FEDC), investments amounted to about 300 million rubles, and over 800 new jobs were created. The modernized company, using state support mechanisms, implements various shipbuilding and ship repair projects, and fulfills orders in other industries. In particular, the SPV resident has begun fulfilling an order to create unique metal structures for large Russian oil and gas companies operating on the shelf of the Sea of Okhotsk.