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2007 September 20   09:57

PM Viktor Zubkov proposes considerable increase of seaport infrastructure lease terms

Russian Prime Minister Viktor Zubkov proposes to increase considerably seaport infrastructure lease terms and to provide concessionary terms for operation of newly built ports, RIA Novosti reports. "A port needs a master ", Zubkov has noted at the government meeting today. According to him, Russian seaports fail to stand the competition with foreign ports because lease agreements are often concluded for a year or even less. "Why signing agreements for less than a year? For corruption reasons?” Zubkov notes.

According to the Prime Minister, it is necessary to fight corruption and to start signing agreements for long-term lease of port infrastructure. "Lease agreements should be signed for 15, 20, 25 years. In this case the ports will have their masters and "muddy" companies will be squeezed out", Zubkov said.

As for the bill on free economic zones in the ports, which is currently under consideration of State Duma, Zubkov underlined that unreasoned preferences given to the ports may cause certain risks. He proposed to analyze "this component from the point of view of privileges". "We have operating ports and we will have new ones. Privileges should be evidently applied only to new ports while the policy related to existing port should be clearer and more convenient for both the ports and the state," Zubkov said.

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