Kuban authorities have concluded an agreement on construction of a cargo terminal in the port of Taman (Krasnodar territory) valued at EUR 700 million. The agreement was signed at international exhibition of commercial property MIPIM-2008, the press center of the region’s administration reports according to Yuga.Ru.
The terminal is to be built by Russian company OTEKO-Portservice. The complex is to improve the situation with the deficit of port capacity for transshipment of dry cargo (coal), the press center reports. Taman terminal is to handle up to 10 million tonnes of cargo per year and to meet the requirements of ecological safety.