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2008 November 20   12:24

Foreign investors are found for creation of deep water container port in Kaliningrad region

Foreign investors have been found for implementation of a project on construction of a port in Baltijsk (Kaliningrad region), RBC cites Peotr Parinov, Harbour Master of the Big Port of St. Petersburg, as saying in the name of the Federal Agency of Marine and River Transport at the fifth international conference " Container and Ro-Ro Transportation in Russia and the Neighbouring States".
According to Mr. Parinov, the project envisages creation of a deep water container port capable of handling 6 mln TEU per year. Experts say investments into the project are to total RUR 99 billion.

There are two alternative locations under consideration today: on the bank of the Primorskaya Bay or on the bank of the Kaliningrad Bay.

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