Press releases

The development of the Eastern operating domain of the Russian Railways guarantees an increase in coal transshipment in “Vostochny Port”

09/27/2017

Back to list

    “Managing Port Company, LLC” and JSC “Vostochny Port” took an active part in the work of the ХХVI Plenary Session of Coordinating Council on Transsiberian Transportation held in Beijing on September 20-21.


    The implementation of the second stage of the Eastern operating domain development of JSC “Russian Railways” was a key issue addressed at one of the meetings. Irina Olkhovskaya, First Deputy Director General - Commercial Director of “Managing Port Company, LLC” presented to the audience a project for construction of the Phase 3 of the Coal Handling Terminal of “Vostochny Port”, which is the largest transport investment project in the Far East.


    40 million tons of the Port’s declared annual cargo base, subject to reaching a rated capacity with the consideration of the new terminal, will create additional demand for railway carriage. Therefore, along with construction of the Third Phase, “Managing Port Company, LLC” is providing funds for the construction of two railway facilities – departure and arrival yards – with a total track mileage of 37,000 meters, on the principles of a public-private partnership.   


    “For better effectiveness of the investment process of JSC “Russian Railways”, and in order to facilitate real public measures for encouraging investment activities of Russian companies in Primorye, we need to ensure the inclusion of all the necessary additional actions aiming at infrastructure development for the approaches to Primorye ports on Khabarovsk – Nakhodka Vostochnaya route as part of a detailed plan for further development of the Eastern operating domain within the second stage of Baikal-Amur Railroad and Transsiberian Railroad development.


    When implemented, the proposal will help to guarantee an increase in the volume of Russian cargo transshipment in Russian ports, higher tax liabilities of Kuzbass and Far East, the creation of new jobs, general improvement of the Russian Federation transit potential in the long run, and to ensure the handling of future transit cargo flow within the frames of the “One Belt One Road” Initiative”, noted Irina Olkhovskaya.

Back to list