Port Bronka project gets a boost from Russian Gov’t
Russia’s Transportation Ministry has published a draft decree of the Russian Government on amendments to the Federal Target Program "Development of Transport System of Russia (2010-2015)." This means that the Bronka port project is included in the FTP and that the construction of the outer harbor Bronka in Big Port St. Petersburg will be funded through the federal budget.
The outer harbor Bronka is being built on the southern coast of the Finland Gulf, in the area of junction of the dam with the ring road to the city of Lomonosov. The construction is managed by Phoenix Ltd.
The marine multifunctional complex Bronka (MMPK Bronka) will comprise three specialized facilities: a container terminal encompassing 107 hectares, Ro-Ro terminal of 57 ha and logistics center of 42 ha. Container terminal will feature the 1.175 m-long waterfront (including 5 berths). The waterfront of rolling cargo terminal will be 630 meters (3 berths).
Bronka first phase capacity is projected at 1.45 million TEUs and 260,000 units of Ro-Ro cargoes. The facility’s container throughput is planned to be increased to 1.9 million TEUs. The Bronka Multipurpose Complex will be able to handle Panamax containerships and the ferries of Finnstar class. The first ship call is expected in 2014.
Private investors are expected to inject nearly RUB 43.7 billion in the project. The Russian government set aside RUB 15.2 billion for the project.
The Bronka project will help create over 2,300 new jobs. Upon completion of the outer harbor facilities annual direct tax payments to the budget of St. Petersburg will be at about RUB 1.7 billion (plus indirect tax – RUB 5.1 bn), the federal budget will get RUB 2.0 billion a year (RUB 5.9bn).
Phoenix Ltd. is a 100%-owned subsidiary of JSC Forum holding. The Company was founded in 2007 specifically for the construction of Bronka multifunctional marine cargo handling complex to be located in the new Cargo Area of the Big Port St. Petersburg. The project had been supported by the Russian Ministry of Transport and the St. Petersburg City Administration.