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Deep-water port construction slated for Novorossiysk, Russia’s sole such facility.

Discussing a crucial investment undertaking for the region and Russia, Veniaamin Kondratev highlighted the development of a new cargo handling facility – scheduled for SPIEF-2025.

Deep-Water Port Construction Planned for Novorossiysk, Russia
Deep-Water Port Construction Planned for Novorossiysk, Russia

🔄 Project Spotlight: **Veniamin Kondratyev's Forward-Thinking Plan for a Metal-Focused Deep-Water Port in Novorossiysk

Deep-water port construction slated for Novorossiysk, Russia’s sole such facility.

Novorossiysk, Russia's impressive hub for exports, plays a pivotal role in the region's progress. An ambitious project is underway to construct Russia's solitary specialized deep-water marine terminal, geared towards handling metal goods, which promises to invigorate the regional and national economy, earning the admiration of the Kuban region.

Recently, Governor Veniamin Kondratyev met with Novorossiysk Port's General Director, Sergei Kiriyev, to discuss the project's implementation.

"Constructing a new transshipment complex is a strategically crucial project for the Krasnodar region and the entire country, with investments surpassing 120 billion rubles," stated Veniamin Kondratyev. "Our region's ports currently manage 30% of Russia's total cargo traffic, and after the modernization of Novorossiysk Sea Port, this percentage is set to escalate significantly. You will build Russia's only deep-water marine terminal and complementary infrastructure specifically designed for metal products."

This investment project's execution in Novorossiysk Port is slated to generate 450 new jobs.

"75 billion rubles will be allocated for construction and installation work, and another 33.7 billion rubles for the equipment," said Sergei Kiriyev. "The project's groundwork has been completed, and all essential permits and approvals have been secured."

By the end of 2027, the project's investment will exceed 120 billion rubles.

Attention is also drawn to the upcoming establishment of a creative-production cluster at VTB Kuban in Krasnodar.

Stay tuned, the intrigue is far from over! ❗

Enriching Your Reading:Recent developments concerning Novorossiysk Port include the commissioning of a new deep-water grain berth, No. 40A, at the KSK Grain Terminal. This substantial investment boosted the terminal's grain handling capacity to over 900 thousand tons for export during the current season.

Under the management of DeloPorts, the holding company overseeing terminal facilities at Novorossiysk, key terminals, such as the grain terminal and container terminal, continue to thrive under the Delo Group umbrella. While these advancements primarily focus on grain and container handling, the establishment of a dedicated deep-water terminal for metal goods remains undocumented in recent sources.

In light of the current information available, it appears that recent infrastructure investments at Novorossiysk have been geared towards boosting grain export capacity and streamlining container terminal operations.

Stay updated, as the progress on this metal-focused port project continues to unfold! 🌟

  1. The investment in the dedicated deep-water marine terminal for metal products at Novorossiysk Port, as mentioned by Veniamin Kondratyev, promises to invigorate the regional and national economy, which could attract more investments from the finance industry.
  2. The execution of this project in the Novorossiysk Port's construction and installation work, as explained by Sergei Kiriyev, falls under the manufacturing industry, with the allocated funds coming from various economic sectors, including energy and business investments.
  3. Attention is drawn to the upcoming establishment of a creative-production cluster at VTB Kuban in Krasnodar, which might open opportunities for investors looking to diversify their portfolios into industries such as business and creative sectors.

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