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2013 December 18   14:13

Regional authorities give Novaya Gavan Terminal the green light

LLC «Terminal Novaya Gavan» and Government of Leningrad region have entered into agreement granting governments up port measures to investment activities in Leningrad region, according to which the company receives favor mode when developing terminal complex Novaya Gavan in Ust-Luga port. It is planned to invest more than 1,33bln. Roubles  into the project till Jan.1st 2015, according to business plan and planned terminal capacity increase.

Investor is granted favor mode by Leningrad region, according to which the company is provided with tax break option. As an example, the investor is released from property tax and tax on profits.

The agreement is signed by the Governor of Leningrad region Alexander Drozdenko and LLC «Terminal Novaya Gavan» General Manager Maksim Morozov.

The favor mode granted to this project indicates strategic importance of North cargo area and Terminal Novaya Gavan development for the region’s economy.

Novaya Gavan Terminal LLC based in the North-East part of Luga Bay of the Gulf of Finland, the Baltic Sea, is a marine terminal for handling general and Ro-Ro cargoes. The facility was launched in 2011 as a seperate cargo area of 24 hectares in the Port of Ust-Luga. The First Berth length is 150 m, depth - 9,6 m. The terminal has storage capacity of at least 10,000 vehicles and is able to load them onto 240 auto transport trucks a day. The Novaya Gavan Terminal has a border crossing checkpoint.

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