RF Government revises financing of dry cargo district of Taman seaport
According to RF Government decree No 489 dated June 10, 2013, amendments have been introduced into the passport of project on construction of a dry cargo district at Taman seaport (subprogram “Development of transport service export” in the part of revision of the sources of financing of federally-owned facilities.
The document has been elaborated by the Ministry of Economic Development and Trade of the Russian Federation.
The project is to be implemented in two phases: the first one implies the construction of federally-owned facilities through private-public partnership, the second one – construction of private facilities.
The construction of the following facilities within the framework of the investment project is supposed to be financed by the federal budget: hydraulic engineering facilities; marine service building, vessel traffic control system, navigation and communication facilities, fire station; on-shore facilities of support fleet base; engineering infrastructure facilities; port railway station and railway approaches; approach highway and junctions linking the port with the federal highway М25.
Private investors are to finance the construction of the terminals for transshipment of coal, grain, iron ore concentrate, mineral fertilizers, sulphur, steel, containers etc.
The total value of the construction of investment project facilities is estimated at RUB 228.04 bln including RUB 115.5 bln – value of federally-owned facilities with RUB 76.04 bln to come from the federal budget and RUB 39.46 bln from off-budget sources; value of private investors’ facilities – RUB 112.54 bln.
The investment project implementation terms – 2013-2020.
The Decree execution does not require additional federal resources.
Related link:
Project on construction of dry cargo district in Taman port gets ecological approval>>>>