Ust-Luga Company JSC to contribute into MPK Yug-2 development
It is planned to transfer funds received from Ust-Luga Company JSC infrastructure bonds placement onto development multi-functional transhipment complex (MPK) Yug-2 and port infrastructure. Grigirii Dvas , Vice-governor of Leningrad region, informed PortNews on the matter in the course of II Annual International conference ‘Trilogia’.
As per Dvas, in case the company manages to obtain state guarantee for infrastructure bonds simultaneously with investment fund support synergistic effect will take place.
It is necessary to remind that Leningrad region is one of Ust-Luga Company JSC shareholders. More details on feasibility of state guarantees obtaining by the company for infrastructure bonds emitting are provided here.