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ers will be delivered from Vladivostok to the western Russian border in just seven days. According to an estimate made last year by the Russian Railways State Cor- poration, the final price of the project will be somewhere between RUB500bn and RUB650bn ($8bn-$10.4bn).
In tandem with the government working to improve the railway infrastructure, private companies operating ports
in Russia’s Far East are building new facilities to be able to service the rising demand for Russian coal.
A notable example is the construction of the third generation of a “specialized coal complex” by Vostochny Port, an
intermodal container port located at the eastern end of the Trans-Siberian Rail- way. With an investment of RUB32bn,
it is the largest investment project in Russia’s Far East. The new terminal with full operational capacity will be opened in 2020, and it will increase the port’s
cargo turnover by 20mn tons to 40mn- 45mn tons of coal per year. The project is intended to increase Russia’s coal export potential to meet the growing demand from countries of the Asia- Pacific region.
Find more Eastern Europe content at www.bne.eu/eastern-europe
Selected headlines from past month:
· MOSCOW BLOG: Russio delenda est
· Russian metal tycoon Deripaska caves in to US pressure · Poroshenko's popularity in free fall
· Russian carmaker Avtovaz posts first profit since 2012
www.bne.eu