KYIV, Oct 26 - Ukrainian military shipbuilding is in a critical situation, and its restoration is planned from local projects, such as shipbuilding assets of Nibulon, Deputy Prime Minister, Minister for Strategic Industries Oleh Urusky said.

"Nibulon is developing - we can do localization there and the building of missile boats and [Turkish] corvettes," he said at a briefing in Kyiv.

Urusky clarified that, in fact, there remained two shipbuilding enterprises in Ukroboronprom state concern: State Research and Design Shipbuilding Center with about 200 workers who need to be involved in the design of missile boats and corvettes within the framework of localization, and Mykolaiv Shipbuilding Plant.