RUB 5.5 billion to be invested into development of port Feodosia (Crimea) within 3 years

Some RUB 5.5 billion to be invested in the development of port Feodosia (Crimea) within a 3-year long period, SUE RC Crimean Sea Ports told IAA PortNews. According to the source, the investment project is under the consideration at the Government of Crimea which is to take up to 2 months. The port is supposed to start with construction cargo handling.

The project provides for the development of the following activities: transshipment of containers, construction of facilities dedicated for storage and transshipment of grain and vegetable oil, reconstruction of storage areas No 2/1, 2/2, 2/3 as cold/freezing facilities for food cargoes, construction of an off-harbour oil terminal with the depth of up to 18 meters.

The project is to be implemented by Port Feodosia LLC being set up by the project investor Ligof (Saint-Petersburg).