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Weekly Lists
June 28, 2019 www.intellinews.com I Page 23
bne:
Infrastructure
Hungary to build new port and logistics base in Trieste
Russia's Rotenberg gets major highway contract
The Hungarian government has picked the Italian city of Trieste for its new port and logistics base, which will cost in the range of €60mn-100mn, Minister of Foreign Affairs and Trade Peter Szijjarto announced on June 20.
The new base will allow companies from landlocked Hungary to ship their goods out to sea within 24 hours, Szijjarto told the V4+ Logistics Forum, according to a foreign ministry statement. This will allow Hungarian companies to make deliveries “quickly and unhindered”.
Currently the Slovenian port of Koper — less than 20km from Trieste — is the main maritime gateway for Hungary, handling over three-quarters of its container trans-shipments.
Mostotrest of Russian stoligarch Arcady Rotenberg won a tender for the construction of the M1 highway "Belarus" in the Moscow region worth RUB31bn ($492mn), RBC business daily reported on June 25 citing the state procurement registration portal.
The part that will connect the 450km M1 highway to the Moscow Ring Road will be a combination of a free and toll road.
As reported by bne IntelliNews, Rotenberg, one of the businessmen who form President Vladimir Putin’s inner circle, has controlled the largest state procurement and building projects.
StroyProyektHolding, together with Mostotrest acquired by Roten- berg in April 2018, has been the main contractor on the $4bn con- struction of a controversial bridge across the Kerch Strait between mainland Russia and the Crimea peninsular.
The arrival of a passenger train from Tehran in the eastern Turkish city of Van on the morning of June 25 signalled the restart of train services between Turkey and Iran.
It took around 21 hours for the train to reach Van with 79 Iranian passengers on board, according to Hurriyet Daily News. The re- launched service, which offers a train with a 180-passenger capacity, is to operate once a week from Tehran to Van, and vice versa.
The service was suspended in 2011 due to security concerns over clashes between Turkish forces and the Kurdistan Workers’ Party (PKK) militia, listed as a terrorist group by Ankara.
Train pulls into Van signalling restart of Iran-Turkey rail services