Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia to Invest 100 Billion Rubles in a New Black Sea Port
6.06.2011 11:39
Russia to Invest 100 Billion Rubles in a New Black Sea Port

It is planned to build a new port on the Black Sea. Russia will invest $3,6 billion in the project.
       The main investors are Uralkali, SUEK, United Grain Co, Metalloinvest and Global Ports, according to Andrei Nedosekov, Deputy Transport Minister. The new port in Taman will ease supply constraints at Novorossiisk.
       According to Reuters, "Russia is expanding port capacity to aid shipments of key exports such as grain, iron ore and fertilisers".
       The construction of the port will begin in 2013 and well end in 2018. The initial capacity of the port complex will be about 66 million tons a year, then its capacity will be increased to 100 million tons. For comparison, the capacity of Novorossiysk port is about 70 million tons per year.

Author: Ksenia Dzhalagonia

Tags: Russian business Black Sea investment   

Next Previous

You might also find interesting:

The Top Selling Cars in Russia
Russia will Transit to Electronic Employment Records in 2021
The Law on Online Cash Desks (54-FZ) does not Apply to Foreign Organizations
The Date of Launch of the Power of Siberia Became Known
Eco-friendly Transportation Campaign

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Moscow  Karelia   Dmitry Sandzhiyev  Natalka Project  alcoholic beverages  Russian science  Sergey Andriyaka  State Duma  Kazan Kremlin  Krasnoyarsk  FIFA Russia 2018  Icarus Animation Award  Liberal Democrats  Festivals in Moscow  Belomorsk  Ermolino Airport  MSU  Russian musicians  terrorism  Must See Places  Russia Travel Tips  archaeological expedition  Visa   Russian circus  Exhibitions in Moscow  Alexey Navalny  Russian regions  Saint Petersburg  Chelyabinsk meteorite  St. Petersburg  Russian designers  Isaak Brodsky  VTB  Mercedes-Benz Fashion Week Russia  North Pole expeditions  Russia WTO entry  Russian tourism  Russian Cinema  The New York Times  Game of Thrones  elections in Russia  Orthodox Church  The Romanov Family  Golden Mask  Peace March  barbecue  travel to Russia  Russian business  Konstantin Batyushkov  Vladimir Chambers 

Travel Blogs
Top Traveling Sites