Navantia will invest €30 million in the Cádiz shipyard

Cádiz, Spain (Ports Europe) July 6, 2021 - The Spanish shipbuilding group Navantia will invest €30 million ($35.6 million) to modernize the open-unit workshop (flat panel line) of the Bahía de Cádiz shipyard in order to optimize productivity. The president of Navantia , Ricardo Domínguez, announced this modernization program during his participation in a meeting organized together with Cadena Ser de Cádiz at the Navantia Training Center (NTC), the new training center of the public company located in San Fernando, Cádiz. "The commissioning of the flat panel line will be one of the largest investments made in the San Fernando shipyard and will allow Navantia, together with other initiatives undertaken in all its centers, to be at the forefront of shipbuilding", the company said. Domínguez added: "The manufacture of blocks by means of a line of flat panels that will use the latest hybrid laser technology will allow to substantially reduce the production times of these processes". Ricardo Domínguez also presented Navantia's intention to create poles of excellence and specialization in its different centers, Ría de Ferrol, Bahía de Cádiz and Cartagena. In Bahía de Cadiz, the Center of Excellence in Naval Systems is planned, which will include artificial intelligence and cybersecurity, that of additive manufacturing (Cefan, already underway in Puerto Real) and that of Green Energies and Circular Economy. "The future is in a digital and sustainable Navantia, it does not mean that we stop building ships, but we are clear that ships have to be different and have greater added value," said Domínguez. Navantia in the province of Cádiz generates 2.7% of the province's employment and 2.4% of its GDP, and is thus a key presence and employer. Also, Navantia is present in 40 expressions of interest presented to the Recovery, Transformation and Resilience Plan, of which 14 are led by the company itself, and the vast majority in collaboration with other large public and private companies. The Ministry of Industry plans to approve soon a Strategic Project for Economic Recovery and Transformation (Perte) to promote the transformation and digitization of the naval sector that will be led by the state shipyard Navantia and Pymar, a company that brings together the main Spanish private shipyards, with the collaboration of Germany's Siemens. Navantia is a Spanish state-owned company operating in the design and construction of high technology military and civilian vessels. Copyright (C) Ports Europe. All Rights Reserved. 2021.

Navantia will invest €30 million in the Cádiz shipyard

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Navantia will invest €30 million in the Cádiz shipyard

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